[DManA]

And of course the third alternative would be to cut benefits to the point where tax payers are willing to assume the burden.

I agree that we are at the edge of what we can borrow without completely collapsing the system.

Looks like to me practically speaking we are going to have to cut benefits.

[dirtboy]

What politicians would love to do is let inflation do the dirty work - if COLAs don’t keep up with inflation, it amounts to negative compounding, gradually reducing the real cost of entitlement benefits.

[Doe Eyes]

I agree that we are at the edge of what we can borrow without completely collapsing the system.

According to the 2010 Trustees report, the Social Security trust funds will have an annual surplus of $77 billion in 2010.