The (Still) Missing Social Security Annual Report
The Social Security’s trustees’ annual report is, by law, supposed to be published by April 1. This year, however, the trustees have postponed its release indefinitely. The program’s financial condition continues to remain hidden from public view—and by many accounts will continue to be so until the end of the fiscal year.
...But the trustees’ decision to table that report was clearly unopposed because Social Security currently has no confirmed public trustees. All of its current trustees are ex officio members of the Obama administration, leaving no one to register concern that delay would prevent the public from knowing how rapidly Social Security’s finances are deteriorating.
First, Congress can’t seem to bass a budget for the first time in 234 years. Then no SS annual report... I’m buying more gold on Monday...