It finally happened: The nation's Social Security system will pay out more than it takes in this year and next, as aging baby boomers begin entering retirement. On the plus side, health care reform should keep Medicare solvent for an extra 12 years. Continue reading It's Official: Social Security System Now in the Red It's Official: Social Security System Now in the Red originally appeared on DailyFinance on Thu, 05 Aug 2010 17:36:00. Filed Under: Economy , Health Care , Insurance Permalink | Tweet this! | Comments