Social Security Shortfalls and Tax Cuts for the Rich

tax cuts & social security We had a great chat about social security last week. Now, Ezra Klein shares a graph from the Center on Budget and Policy Priorities.

They point out that the shortfall in social security is roughly equal to the amount of revenue that we lose by extending tax provisions to upper-income taxpayers.

UPDATE: The Center on Budget and Policy Priorities and Megan McArdle debate the numbers and the intent of this graph.