MSNBC's Shuster falsely claimed Social Security "will run out of money unless we make some major changes, at least in the next several years"
September 19, 2008 10:58 am ET
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SUMMARY: On MSNBC Live, David Shuster stated that Social Security "will run out of money unless we make some major changes, at least in the next several years." In fact, according to the 2008 reports by the Social Security and Medicare Boards of Trustees, Social Security will be able to pay full benefits until 2041, at which point it will be able to cover 78 percent of benefits if no legislative changes are made. It will not "run out of money ... in the next several years," or in 2041.
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