Actually, as far as I know that is not true. I just wanted to say it because the Washington Post has no qualms about printing this same lie about Social Security. The reality, according to the Congressional Budget Office is that Social Security is fully solvent until 2049 with no changes whatsoever, and even if no changes are ever made, it could always pay a far higher benefit to future retirees than what beneficiaries receive today. Unlike the Post, we correct errors at Beat the Press.
--Dean Baker