The CBO said very clearly that if you were to adopt the president's plan, there would be a $2 trillion hole in Social Security, because today's workers pay in to the system for today's retirees. And the CBO said -- that's the Congressional Budget Office; it's bipartisan -- they said that there would have to be a cut in benefits of 25 percent to 40 percent.
The Social Security system is funded by current workers.
( z1 fund :ARG0 ( z2 person :ARG0-of ( z3 work :time ( z4 current ) ) ) :ARG1 ( z5 system :mod ( z6 program :name ( z7 name :op "Social" :op "Security" ) ) ) )