Saturday, August 09, 2003

Technically Bankrupt in Five Years

Thomas R. Saving of the National Center for Policy Analysis told the Senate Special Committee on Aging on July 29 that taxpayers will have to begin bailing out Social Security and Medicare with transfers from income taxes as early as 2008.

The stark truth: We can't afford these programs unless we reform them.

Posted by Amy Ridenour at 10:54 PM

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