In ruling today that a Social Security recipient's benefits could be seized to pay delinquent student loans, the United States Supreme Court confirmed once again that there is no "guaranteed benefit" in Social Security.
Earlier this year, Congressional Democrats used their megaphone in the mainstream media to beat home the idea that Social Security benefits are guaranteed. This has definitively been untrue since the 1960 Flemming v. Nestor case stated that no such guarantee exists.
The existence of a "guaranteed benefit" was the cornerstone of Democrats' arguments against Social Security reform. Social Security will be insolvent in eleven years.
