Social Security “Trust Fund” Deficits to Add $5 Trillion to U.S. Debt

Jed Graham in Investor’s Business Daily reports that a new study of the financial condition of Social Security and Medicare indicate that with baby boomer retirements, rising health costs, and the ongoing economic malaise, these federal entitlement programs are producing massive deficits in perpetuity unless major changes are made to cut these unsustainable liabilities. … Continue reading Social Security “Trust Fund” Deficits to Add $5 Trillion to U.S. Debt