Many people are freaking out about how Social Security is going bankrupt. That simply isn't true. The Social Security Trust Fund is held in a white four-drawer locked fire-froof filing cabinet in Parkersburg, W. Va. that is stuffed with $2.5 trillion in Treasury bonds. The Social Security Administration gets paid interest by the Treasury on the bonds, which are backed by the full faith and credit of the United States Government. The Treasury has never missed a debt payment and Social Security has never failed to pay a check. There is enough assets in the Trust Fund to pay 100% of benefits until 2037, and then there will be enough income to pay 78% of benefits indefinitely. There is no Social Security crisis. All we need to do is make minor tweaks to Social Security to make it solvent until Jesus comes back. We should lift the cap on SS taxes and keep projected benefits the same and the problem will be solved. However some on the Right, and some in the Obama administration want to cut SS or raise the retirement age. For example, former Republican Senator Alan Simpson, the head of Obama's deficit commission, said that Social Security is like a "milk cow with 300 million t**s." Hopefully the deficit commission will come out with constructive solutions for balancing the budget instead of destroying Social Security.