Is Social Security The Next Bailout Candidate?

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By MyFederalRetirement
Posted: 08-01-2009


Perhaps as early as this year, Social Security, at $680 billion the nation's biggest social program, will be transformed from an operation that's helped finance the rest of the government for 25 years into a cash drain that will need money from the Treasury. In other words, a bailout.

Fortune magazine's Allan Sloan takes a look at the troubled retirement program, why it's more important now than ever - and how lawmakers can repair it.

Click here to read the column

Posted with permission from: MyFederalRetirement.com