{"id":40634,"date":"2013-10-20T16:45:40","date_gmt":"2013-10-20T16:45:40","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/pew_research_5_facts_about_social_security\/"},"modified":"2013-10-20T16:45:40","modified_gmt":"2013-10-20T16:45:40","slug":"pew_research_5_facts_about_social_security","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=40634","title":{"rendered":"(Pew Research) 5 facts about Social Security"},"content":{"rendered":"<p>2&#8211;At its root Social Security is, and always has been, an inter-generational transfer of wealth&#8230;.<\/p>\n<p>4&#8211;&#8230;since 2010 Social Security\u2019s cash expenses have exceeded its cash receipts; negative cash flow last year was about $55 billion, according to the latest report from the system\u2019s trustees. While credited interest is still more than enough to cover the deficit, that will only be true until 2020. After that, Social Security will begin redeeming its hoard of Treasuries for cash to continue paying benefits \u201d\u201d as was the plan all along.<\/p>\n<p> <a href=\"http:\/\/www.pewresearch.org\/fact-tank\/2013\/10\/16\/5-facts-about-social-security\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2&#8211;At its root Social Security is, and always has been, an inter-generational transfer of wealth&#8230;. 4&#8211;&#8230;since 2010 Social Security\u2019s cash expenses have exceeded its cash receipts; negative cash flow last year was about $55 billion, according to the latest report<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=40634\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,670,149,168,133,617,597,616,151,667,618,673,669,584,34],"tags":[],"class_list":["post-40634","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-budget","category-economy","category-ethics-moral-theology","category-history","category-house-of-representatives","category-laborlabor-unionslabor-market","category-office-of-the-president","category-politics-in-general","category-president-barack-obama","category-senate","category-social-security","category-the-national-deficit","category-the-u-s-government","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/40634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40634"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/40634\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}