FactCheck.org, a favorite of mine during the campaign, is back on the trail again with a couple of articles on the current campaign on social security.

MoveOn.org has a new Social Security Ad that is under scrutiny for falsely claiming a cut in benefits from the new Bush plan. It explains a complex difference in calculations from the use of wage indexing vs. price indexing.

Immediately preceding this, they had an article about administration claims that there is a $11 trillion dollar deficit looming. However, it appears that this is in a timeframe substantially longer than the usual 75 years that the SSA normally projects to. Under the 75-year projection, the shortfall is $3.7 trillion. Still a bunch of cash, but able to be remedied through an increase to 14.2%, or 7.1% of your paycheck (from 6.2% today).