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This Labor Day, Social Security's Future Hangs in the Balance

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Just as justice delayed is justice denied, delaying Social Security's dedicated revenue is the foolproof way to deny Social Security benefits. Denying those benefits would provide Trump and his allies in Congress enough leverage to force whatever concessions they choose to extract. This Labor Day, the future of Social Security is on the ballot.  Trump  threatens  to  defund Social Security. According to a letter (pdf) released by Stephen Goss, the independent Chief Actuary of Social Security, Trump's plan is  to 'terminate' Social Security's dedicated funding: ' if Social Security’s funding were terminated, the Disability Insurance (DI) Trust Fund would be exhausted by 2021 and the Old Age and Survivors Insurance (OASI) Trust Fund would be exhausted by 2023 'with no ability to pay benefits thereafter.'

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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