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Why are we worried about Social Security going broke when the surplus will continue to GROW until the youngest?
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Why are we worried about Social Security going broke when the surplus will continue to GROW until the youngest?
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Why are we worried about Social Security going broke when the surplus will continue to GROW until the youngest?
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10-13-2012, 03:09 PM
Post: #2
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The fact is Social Security and Medicare, which MANY Americans now depend on as a SOLE source of income and support, account for nearly half of all federal spending. That percentage will continue to increase in the coming years. Left on its current trajectory, overall entitlement spending is projected to more than double by 2049, thus consuming 100% of all tax revenue.
http://money.cnn.com/2011/01/21/news/eco...axes_debt/ Social Security Faces Unfunded Liability of $8.6T, or $73,167.83 Per Household http://cnsnews.com/news/article/social-s...-household Medicare Faces Unfunded Liability of $38.6T, or $328,404 for Each U.S. Household http://cnsnews.com/news/article/medicare...-household Ads |
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| Messages In This Thread |
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Why are we worried about Social Security going broke when the surplus will continue to GROW until the youngest? - Leesabrat - 10-13-2012, 03:01 PM
[] - AnonymousDude - 10-13-2012 03:09 PM
[] - Take the red pill - 10-13-2012, 03:09 PM
[] - әɹÉɯoɹ - 10-13-2012, 03:09 PM
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