If you haven't become very worried yet, or you've taken after Alfred E. Newman attitude ("What, me worry?"), its time to start worrying in earnest since you're getting a preview of how much & how dramatically things will change.
Current GOP legislation in the GOP dominated House is just a little ...
If Fact Check got it wrong "that Social Security contributes to the US Budget deficit" then it stands to reason that most others in the US probabl also think Social Security contributes to the US budget deficit. DB sets it straight... Social Security DOES NOT contribute to the US Budget deficit... not just because he says so... but ...
Dean Baker's article explains well why Social Security isn't one of the deficit problems. He shows how the deficit hawks have used slight of hand to make it appear that social security is a significant part of the problem in order to obtain benefit reductions or other means (partial privitization, etc) to reduce gov't expenditures ...