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Re: Social Security is set for a new $300 billion hit

By: lkorrow in ROUND | Recommend this post (0)
Sat, 25 Feb 12 1:54 AM | 39 view(s)
Boardmark this board | De's Test Board 		Msg. 39150 of 45651
(This msg. is a reply to 39111 by capt_nemo)
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nemo, With Obummer killing income to the fund, what do they expect?




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The above is a reply to the following message:
Social Security is set for a new $300 billion hit
By: capt_nemo in ROUND
Fri, 24 Feb 12 10:29 AM 		Msg. 39111 of 45651

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

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