2010 Social Security Trustees Report Continues to Show Urgency of Reform | The Heritage Foundation

A second important year is 2010—this year. Starting now, the annual Social Security surpluses that Congress has been borrowing and spending on other programs will disappear. Because the recession has both reduced Social Security payroll tax revenues and increased benefit payments, Congress will have to either find other sources to replace the money that it borrows from Social Security or shrink spending.