“Social Security can pay out every benefit owed to every eligible American over the next 20 years. Despite our right-wing friends’ assertions, Social Security is not going bankrupt. It is not in crisis,” Sen. Bernie Sanders told Ed Schultz on Sunday. Sanders was asked about a new report by Social Security trustees who reported that the program a in financially strong shape through 2033 and after, even if no changes are made, can pay most benefits. Sanders argued against President Obama's proposal to cut benefits by limiting future cost-of-living increases. Instead, Sanders said the report showed the wealthy should pay more into the pension program. "We must lift the cap on Social Security payroll taxes and make the wealthy contribute the same percentage of their income as other workers," he said. "Today, someone making $10 million a year contributes the same amount of money as someone making $113,700. That is absurd."

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