More out than in for Social Security again

Social Security will pay more out than it takes in this year and in 2011, Treasury Secretary Timothy Geithner and Health and Human Services Secretary Kathleen Sebelius said. The causes:

1. With 9.5% unemployment, fewer Americans are paying into Social Security.

2. Nearly half the baby boomers are retiring early instead at age 66.

The outgo exceeded the income for 13 years through 1983. Same problem: The economy.

But health care reform extends the life of the Medicare Trust Fund from 2017 to 2029, Geithner and Sebellius said.

Click on the headline to read the CNN article.