Claim: Sen. Richard Durbin says that "Social Security does not add one penny to our debt." That's false. It was wrong 21 months ago, when Durbin said it once before, and it's even more off the mark now. The federal government for the first time in its history had to borrow money in 2010 to cover Social Security benefits to retired and disabled workers — a trend that worsened in 2011 and will not change at any point in the future unless changes are made.
Fact-check: Durbin (Again) Denies Social Security's Red Ink - FactCheck.org
Verdict: sen. richard durbin says that "social security does not add one penny to our debt." that's false. it was wrong 21 months ago, when durbin said it once before, and it's even more off the mark now. the federal government for the first time in its history had to borrow money in 2010 to cover social security benefits to retired and disabled workers — a trend that worsened in 2011 and will not change at any point in the future unless changes are made.
Organisation: FactCheck.org
Author: Eugene Kiely
Date published: 2012-11-28T22:03:34