Michael Hiltzik: Surprise! Social Security has gotten healthier
by Michael Hiltzik, Los Angeles Times
Apr 22, 2019
3 minutes
The crux of the conservative attack on Social Security in recent years has been the claim that the program is on an unbroken path to insolvency. Monday's release of the Social Security trustees' annual report knocks a pillar out from under that campaign, for it shows that the program actually got healthier during the last year.
The trustees predicted that the program's reserves - that is, the trust funds of its retirement and disability components - will be exhausted in 2035. In last year's report, the trustees pegged that
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