The Treasury Department issued its second of four Social Security briefs yesterday in an attempt to find common ground for reform.  In addition to taking on key questions such as generational equality and trust fund accounting, the brief reviewed an important point from the first report:

"[C]urrent and future generations who will bear the financial
burden of making Social Security permanently solvent will face some combination of benefit and/or tax adjustments amounting to $13.6 trillion in present-value terms."

The brief also includes some informative graphs, one of which shows that the lifetime net benefit rate for the average worker born between 1960 and 1990 will be negative 2% or worse.

To see the graphs and read the entire brief, visit Treasury's Web site here.