Government fixes leave us broke
"The Congressional Budget Office, the economic forecasting arm of the Congress, now reports that the Social Security trust fund is almost in the red. They project that the fund's surplus next year will be a scant $3 billion.
For perspective, CBO just 12 months ago projected that this same surplus would be $86 billion – almost 30 times larger. Plus, the CBO estimated then that the fund would not be in the red for another 10 years. Now it looks like it may be next year."
No comments:
Post a Comment