Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
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The fact that the financing situation is now stable does not, of course, alter the fact that some corrective i action will have to be taken in the future. The trustees state in their report that the shortfall must be addressed, but there is “ample time to do so with deliberation and care.”
There is no crisis situation. The Social Security trust funds have enough revenue to meet all beneficiary obligations for the next 33 years. There is time to discuss alternative solutions and to devise an approach that has the full support of the American public.
Social Security is the most successful domestic program in the nation’s history. It provides protection against the loss of earnings due . to retirement, death, or disability?^ covers about 142 million American workers and pays benefits to more ,than 43 million beneficiaries. Arid it ' represents a financial foundation upon which both older Americans and young families can plan their lives. It has served this country well for 60 years. The trustees urge careful examination and discussion of the Social Security program to ensure that the program will continue to serve all Americans for the next 60 years. '
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