Friday, December 19, 2014

Social Security endgame

Hit and Run: "Social Security On Track to Go Broke, Says CBO."  "It's no surprise, given the long years of discussion we've had over the financial illogic of the United States' entitlement programs, but Social Security is on track to pay out a lot less than people expect as its costs soar. The latest analysis comes from the Congressional Budget Office (CBO), which points out that Social Security outlays started to exceed tax revenues for the program in 2010."

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