Thursday, September 24, 2009

Social Security To Go Broke By 2010

Ed Morrissey a Hot Air got hold of the summer 2009 Congressional Budget Office report on the health of the Social Security “Trust Fund”, and the news isn’t good. The CBO is now saying, at least to certain Congressmen, that Social Security will run a primary deficit in 2010 and 2011, briefly run a cash surplus between 2012 and 2015, and return to what is presumably a permanent deficit in 2016.

Recession woes.

Can’t the government just print more money, yep, that’s what is doing right now.

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