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Social Security is set for a new $300 billion hit

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 24 Feb 12 10:29 AM | 50 view(s)
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Msg. 39111 of 45651
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How can I be telling you this before the trustees report comes out? No, I didn't get an early peek. No, I didn't tap into the Social Security computer network (I can barely access my own network). Rather, I found some numbers buried deep in last month's Congressional Budget Office semi-annual update that predicted a far bigger cash flow deficit for the Social Security system than the system's trustees had predicted in their 2011 report, and tried to figure out what was going on.

More,,,,,,,,,,,,,,,of course,,,,,,,,,,

http://finance.fortune.cnn.com/2012/02/23/social-security-finances/?iid=HP_LN

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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