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<title>Media Matters - John Yang</title>
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<title>NBC&#x27;s Yang falsely asserted &#x22;Social Security will run out of money by 2041&#x22;</title>
<link>http://mediamatters.org/items/200810030019</link>
<description>NBC correspondent John Yang falsely asserted, &#x22;At current rates, analysts say Social Security will run out of money by 2041.&#x22; Later, Yang uncritically aired a clip of Sen. John McCain claiming, &#x22;The Social Security system is going to go broke; it will not be there for present-day men and women who are working.&#x22; In fact, the Social Security program will not &#x22;run out of money&#x22; in 2041; after that point, it is projected that without a change in the law, the program will be able to cover 78 percent of scheduled benefits immediately thereafter, according to the 2008 Social Security trustees&#x27; report.</description>
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<pubDate>Fri, 3 Oct 2008 16:16:16 EST</pubDate>
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