Quote:
Originally Posted by Antitrust32
baloney that it wont fail at all for 50 years.
paying out 78% is epic failure. 2037 is 26 years away. basically a hop, skip and a jump away.
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according to the cbo report i read yesterday, entitlements already take 60% of the federal budget... according to the one i linked to the other day from '09, in about 70 years, entitlements and interest payments will absorb 100% of the federal budget.
no money for interior, defense, energy, all that 'discretionary' spending.
yeah, it just needs a little tweak.
ss might need a little tweak, the entire system needs a complete overhaul.
08-16-2011, 08:14 PM
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