WBTR - Exposing the Myth That Claims Social Security Is Going Broke

This week we will be joined by Donna Butts of Generations United who will talk about the importance of Social Security, not just to senior citizens, but across the span of generations.

Nancy Altman, founder of Social Security Works will enlighten us about the environment leading to the establishment of her organization. Following Nancy, Social Security Works' executive Director, Alex Lawson, will share some of the challenges confronting America's most popular social program.

The following is an excerpt DailyFinance.com about this Social Security myth:

Myth No. 1: Social Security is going bankrupt 
The biggest misunderstanding out there relates to Social Security's financial challenges. (A Google search for "Social Security bankruptcy" turned up 50 million hits.) But the fact is that Social Security isn't going bankrupt, nor is bankruptcy really possible as the system is currently set up.

And from the website of the Naational Committee To Preserve Social Security And Medicare:

Medicare and the President’s Deficit Reduction Plan: Shifting Costs to Seniors

How Cost-Sharing Leads to More Cost-Sharing: A Slippery Slope President Obama’s newest proposal for reducing the federal deficit would slice Medicare reimbursements to drug-makers, nursing homes, rehabilitation facilities, home health services and teaching hospitals.....   read the rest of the blog

Thursday, Feb 18, from 4:30 PM - 6:30 PM

Rob Abston