Non-Partisan Depressing Fact of the day: The federal Government - TopicsExpress



          

Non-Partisan Depressing Fact of the day: The federal Government over the last few decades has taken funds from the Social Security reserves by "investing" in Government Bonds under the premise that when needed taxes can always be raised so the government can pay back the bonds, however due to inflation and poor economic conditions, when the Baby Boomer Generation begins to collect their social security benefits there wont be a large enough tax base to refund the social security reserves. back to the Debt Limit talks...
Posted on: Thu, 03 Oct 2013 21:13:47 +0000

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