Social Security Slated to Run Dry in 2033, Trustees Warn

Aired: 4/23/2012 | 0:09:07 | Clip
Social Security will exhaust its trust fund in 2033 -- three years earlier than previous projections, the program's trustees announced Monday. Ray Suarez, Nancy Altman of Social Security Works and the Heritage Foundation's David John discuss its long-term health amid a retiring baby boomer population and a weakened economy.