Social Security plays a critical role in providing a financial safety net for retired workers. An analysisby the Center on Budget and Policy Priorities found that without Social Security, poverty rates among the elderly would increase from 8.8% to 40.5%.Plus, roughly three out of five retired workers count on their Social Security check to provide at least half their income.
But there are a number of issues with this critical social program, and they extend beyond just what you hear in the news.