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  1. #1
    Jesus Christ is Lord

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    Default Social Security 'Trust Fund' To Add $5 Tril To Debt

    Social Security 'Trust Fund' To Add $5 Tril To Debt

    "Therefore, changes adversely affecting younger generations are likely to be much more severe than indicated in these simple illustrations. The costs that will be borne by younger generations will grow significantly each year that a new cohort of baby boomers joins the benefit rolls."

    http://www.investors.com

  2. #2
    I Am Rocking Now

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    Default Re: Social Security 'Trust Fund' To Add $5 Tril To Debt

    Quote Originally Posted by strapdrager View Post
    Social Security 'Trust Fund' To Add $5 Tril To Debt

    "Therefore, changes adversely affecting younger generations are likely to be much more severe than indicated in these simple illustrations. The costs that will be borne by younger generations will grow significantly each year that a new cohort of baby boomers joins the benefit rolls."

    http://www.investors.com

    Is there something you do not like about Social Security?? You seem to find every negative article about it there is..It is like you want it to fail so you can post more negative info..or should I say right winged BS..


  3. #3
    Imitated never duplicated

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    Default Re: Social Security 'Trust Fund' To Add $5 Tril To Debt

    Quote Originally Posted by crazy View Post
    Is there something you do not like about Social Security?? You seem to find every negative article about it there is..It is like you want it to fail so you can post more negative info..or should I say right winged BS..

    The subject matter was addressed Friday by Timothy Geithner and is a major subject of discussion amongst all news/media outlets.

    WASHINGTON — Two of the government's most popular programs for the elderly, Medicare and Social Security, will run out of money sooner than thought earlier as a slow-growing economy saps revenues, a report Friday said.

    Trustees for the two funds said the Medicare trust fund is projected to exhaust its funds in 2024, not 2029 as estimated last year, and that the Social Security retirement program will run out of money in 2036, not 2037 as previously thought.

    US: Medicare to hit financial woes sooner - Politics - More politics - msnbc.com

 

 

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