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News CBO predicts Social Security cash deficits in 2010-11

CBO predicts Social Security cash deficits in 2010-11 CBO predicts Social Security cash deficits in 2010-11

Submitted by ChipBuffalo | 6 months ago

hotair.com - Four years ago, George W. Bush attempted to reform the entitlement program Social Security, warning that the system was accelerating into collapse and would soon run deficits. Democrats scoffed and claimed the Social Security system was solid and wouldn’t have problems for at least 50 years, as Harry Reid told PBS’ Jim Lehrer in June 2005...

Tags: social security, social security reform, democrats

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Good Ole Boy (Independent) - 6 months ago

Medicare will get into insolvency soon, the cost of some goes into a million after ICU stays and what is coming in is way less than going out. Bush was right in wanting means testing and privatization, Social Security will eat more and more of peoples income in higher taxes.

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