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Budget Priorities: Funding Shortfalls for Social Security
To hear some people tell it, the budget deficit is the nation’s number one problem, and the reason for the deficit is that entitlement spending—meaning Social Security and Medicare—is out of control. Wrong, wrong, and wrong! Let’s start with the budget and government debt. The Congressional Budget Office has just projected that U.S. national income will grow faster than public debt for the rest of this decade...Read More
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