Last week the Social Security Trustee Report reported the Social Security trust fund will be exhausted by 2033. Comparing this date with previously released estimated Veronique de Rugy at the Mercatus Center highlights the estimated exhaust date has continued to decline and is now estimated to happen 20 years sooner than estimated in 1990. The chart below makes this point clear and should give most pause to any who think we have until 2033 to deal with this political third rail.
