The Controversial Way Social Security Can Generate $775 Billion in Revenue Over the Next Decade
For many Americans, Social Security already is, or will become, an important part of their monthly income during retirement. According to annual surveys conducted by Gallup over the past two decades, Social Security payouts have represented a "major" source of income for at least 54% of respondents in all but one year.
For decades, this top-tier retirement program has done a fantastic job of pulling aged Americans out of poverty and providing some form of financial floor for retirees. Unfortunately, it's also a program that continues to inch closer to disaster.
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Source Fool.com
