Social Security

Sen. Bernie Sanders ➠ ‘When People Tell You Social Security Is Going Broke’ ➠ Tell Them They’re Lying

Sen. Bernie Sanders ➠ ‘When People Tell You Social Security Is Going Broke’ ➠ Tell Them They're Lying

“When people tell you Social Security is going broke, you look them in the eye and tell them they’re not telling you the truth,” said Sen. Bernie Sanders (I-Vt.) at an event on Capitol Hill in Washington, D.C., on Thursday to petition Congress not to cut Social Security or Medicare.

“Today, the Social Security Trust Fund has a $2.8 trillion surplus,” Sanders said. “So when people tell you Social Security is going broke, you look them in the eye and tell them they’re not telling you the truth.”

The National Committee to Preserve Social Security and Medicare along with Sens. Sanders and Sheldon Whitehouse (D-R.I.) held an event to deliver a letter and petition with two million signatures that have been collected from those who reject attempts to target Social Security and Medicare for cuts.

As CNSNews.com previously reported, however, the Social Security program ran a $47.8 billion deficit in fiscal 2012 as the program brought in $725.429 billion in cash and paid $773.247 for benefits and overhead expenses, according to official datapublished by Social Security Administration. More

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