After several months delay, the Social Security Trustees have finally issued their report, which has received little MSM attention, with some outfits like the Washington Times putting out canned reports that do not reflect the contents of the report at all. For all the moaning and wailing and gnashing of teeth and shrieks of hysteria over the state of social security coming out of the deficit commission, the new report shows almost no change in any of the projected dates of any matters of interest. There is no immediate crisis, and the supposed dates of various shortfalls are barely changed. On top of which, the future of medicare actually looks much improved.
Although others have the story, the best coverage as usual of both the details of the report as well as the surrounding (lack of) media coverage is due to Bruce Webb over at angry bear (thanks again, Bruce, for your excellent efforts!). http://www.angrybearblog.com/search/label/social%20security.