The article concerning pressures on Social Security (TNT, 4-30) contains a message that should be sent to the very heart of Congress. The longer it waits to make changes, the worse the pain will be.
I must take issue with the statement by Sen. Max Baucus, D-Mont., that the “program is fully funded for 20 years.” Who’s he trying to kid? There is no trust fund; it was spent long ago to run the government and the money replaced by IOUs.
Social Security payments exceeded income for the first time in 2010. Since there is no money in the trust fund, the government must borrow to make up the shortfall and replace those IOUs, further increasing the already intolerable national debt.
Corrections can be made now with a modicum of pain; five years from now, the pain will be agonizing for many. Sensible solutions have been presented by many over recent years. Congress must stop obsessing over losing potential votes and summon the intestinal fortitude to do what is best for the nation.
I can see that happening when pigs fly!