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<title>Media Matters - Allan Chernoff</title>
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<title>CNN&#x27;s Chernoff  falsely claimed Social Security will &#x22;be out of money in  2041&#x22;  </title>
<link>http://mediamatters.org/items/200801230001</link>
<description>CNN senior correspondent Allan Chernoff falsely asserted on &#x3C;em&#x3E;The Situation Room&#x3C;/em&#x3E; that Social Security  &#x22;will go bust, be out of money, in 2041.&#x22; In fact, according to a 2007 federal  report, &#x22;[p]resent tax rates would be sufficient to pay 75 percent of scheduled  benefits after trust fund exhaustion in 2041 and 70 percent of scheduled  benefits in 2081.&#x22;  </description>
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<pubDate>Wed, 23 Jan 2008 10:36:49 EST</pubDate>
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