The full retirement age is 67 and the lifespan is 80, so when they first conceived Social Security, they didn't think they were going to be paying benefits for 13-15 years. That's one of the reasons why this pyramid scheme isn't working.
I would not reconsider the nuclear cuts. The appropriations committee did due process in looking at where there was the ability to cut some spending and that's what we did and now it's time to look forward to fiscal year '12.