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Social Security

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Jul 2005Estimated amount that illegal immigrants pay into Social Security each year: $6,400,000,000
Source:

Center for Immigration Studies (Washington)

Mar 2005Percentage of Social Security contributions that go toward administrative costs: 0.6
Source:

U.S. Social Security Administration

Mar 2005Year that the Social Security trustees in 1994 projected the program would no longer be able to pay out full benefits: 2029
Source:

Social Security Administration (Washington)

Mar 2005Amount to which a San Diego defense analyst’s payments to Social Security had appreciated when he retired in 1994: $261,372
Source:

Stanley Logue (San Diego)

Jun 2004Amount by which total Social Security contributions since 1983 exceed total benefit payments since then : $999,059,000,000
Source:

Social Security Administration (Baltimore)/Harper's research

Apr 1999Percentage of spending last year on the U.S. Social Security system that did: 1
Source:

Social Security Administration (Baltimore)

Apr 1999Factor by which U.S. stock market growth must exceed GDP growth for Social Security stock investment to work: 5
Source:

Left Business Observer (N.Y.C.)

Oct 1998Number of calls made last year to the Social Security Administration's fraud hotline: 75,000
Source:

U.S. Social Security Administration

Jul 1998Percentage of Americans who say they are confident that Social Security will provide them with “significant” income: 26
Source:

Richard Day Research for Fidelity Investments (Boston)

April 22, 2006A Florida man was arrested for keeping his mother at home for months after she died so that he could keep cashing her Social Security checks.
Source:

Local6.com

May 24, 2005In Greece, New York, Bush discussed his plan for Social Security. “You got to keep repeating things over and over and over again for the truth to sink in,” he explained, “to kind of catapult the propaganda.”
Source:

WhiteHouse.gov

March 24, 2005Less than half of Americans supported the President's plan for Social Security.
Source:

AP

March 12, 2005President George W. Bush reaffirmed his vow to fix Social Security. “You will get your checks,” he said.
Source:

WhiteHouse.gov

March 6, 2005A poll found that most Americans are against Social Security reform.
Source:

Bloomberg

February 28, 2005USA Next, a group with ties to the Swift Boat Veterans for Truth, attacked the AARP for its position against Social Security reform.
Source:

Newsweek

February 13, 2005The Bush Administration continued to promote its plan to gut Social Security.
Source:

ABC News

February 2, 2005George Bush called Social Security "a symbol of the trust between generations," then discussed proposals for the reduction of its benefits and an increase in the retirement age.
Source:

The New York Times

January 28, 2005 Social Security Administration workers testified that they had been ordered "to promote the idea that Social Security is in crisis and that Social Security privatization is the answer."
Source:

Reuters

December 21, 2004Wall Street firms were quietly preparing for the privatization of Social Security.
Source:

New York Timesimes

September 3, 2004 President Bush again called for the privatization of Social Security.
Source:

USA Today

March 2, 2004Alan Greenspan, the chairman of the Federal Reserve, suggested cutting Social Security and Medicare to help pay for President Bush's massive tax cuts for the rich.
Source:

New York Times


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