With a federal budget deal apparently at hand, the facts of Social Security financing need to be re-emphasized. Last April, when President Obama, in a gesture of compromise to Republicans, proposed cuts to Social Security benefits to help reduce budget deficits, liberal Democrats were outraged. At the time, Republicans simply ignored the federal budget, preferring to create havoc over raising the nation’s debt limit. Eight months later, behind-the-scenes negotiations to come up with one are taking place, with Social Security cuts still on the table.