NO. #seniordemocrats are MISLEADING in claiming that social security doesn’t contribute even one penny to the federal deficit, according to factcheck.org. Original source: http://www.factcheck.org/2011/02/democrats-deny-social-securitys-red-ink/
Some senior Democrats are claiming that Social Security does not contribute “one penny” to the federal deficit. That’s not true. The fact is, the federal government had to borrow $37 billion last year to finance Social Security, and will need to borrow more this year.