Tuesday, February 01, 2005

Social Security More Secure Than Thought

The Congressional Budget Office says Social Security is in better shape than expected. Their new estimates show revenue will exceed spending until 2020 -- two years later than earlier estimates. The CBO also figures the Social Security trust fund will be around until 2058 -- if nothing's done. Earlier reports predicted they'd run out 16 years earlier. (Philadelphia Inquirer)

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