Economist: Social Security Bankrupt

Posted on Jul 31, 2014 in Social Security, U.S. Economy, US News

“Social Security is insolvent,” Boston University economics professor Laurence Kotlikoff told the House Subcommittee on Social Security at a hearing on Capitol Hill Tuesday. “And it’s not bankrupt in 30 years, or 20 years, or 10 years. It’s bankrupt today,” CNS News reported.