Social Security Ran $47.8B Deficit in FY 2012; Disabled Workers Hit New Record in December: 8,827,795 By Terence P. Jeffrey December 26, 2012 Treasury Secretary Timothy Geithner (AP Photo) (CNSNews.com) - The Social Security program ran a $47.8 billion deficit in fiscal 2012 as the program brought in $725.429 billion in cash and paid $773.247 for benefits and overhead expenses, according to official data published by Social Security Administration. Social Security Ran $47.8B Deficit in FY 2012; Disabled Workers Hit New Record in December: 8,827,795 | CNS News Some key facts: * the number of workers collecting disability benefits hit a record 8,827,795 in December--up from 8,805,353 in November. * The overall number of Social Security program beneficiaries also hit a record in December, climbing from 56,658,978 in November to 56,758,185 in December. * for every 1.67 Americans who worked full-time in the private sector in 2011, there is now 1 person collecting benefits from the Social Security administration. * the U.S. Treasury âpaidâ the trust funds $112.398 in âinterestâ in fiscal 2012 on the historial surpluses in Social Security taxes that the Treasury siphoned off to cover other spending by the federal government. * The last time the Social Security program ran a ânet cash flowâ surplus was in fiscal 2009. Remember what I've been saying. There never was any federal budget surplus. The federal government counts those borrowed SS dollars it's paying interest on as "revenue". These SS numbers are only going to get worse too, as more and more people collect, with fewer and fewer people paying in to cover them.