The January 2012 numbers for Social Security (SS) show a mixed picture. The results mirror what is going on in the economy. There is clear evidence that revenues at SS are recovering; there is equally clear evidence that America’s social expenditures are rising at a rate that exceeds the rate of recovery.
All numbers are adjusted for any consequences of the 2% payroll tax deduction for 2011 and 2012. As a reminder, the Treasury pays into SS every month an amount equal to the 2% shortfall. The country ends up more indebted, but there is no net consequence to SS. First take a look at some YoY comparative data on the key numbers (above right).

Read more: http://www.businessinsider.com/the-social-security-funds-january-numbers-look-solid-but-disaster-could-be-coming-sooner-than-expected-2012-1