Social Security's costs are rising faster than its income
Social Security is funded through a payroll tax on workers. The cost of distributing Social Security benefits to all eligible Americans, including millions of older people, is rising faster than the revenue dedicated to the program, and there's no end in sight to this problem. From 1984 to 2009, Social Security ran a surplus, which added to its trust fund every year. The program has been running a deficit since 2010.
A chart with two lines, with one going from higher to lower as it remains flat for decades and the other going from lower to much higher than the other one.
