Social Security Piece
‘Social Security - another bailout in the making?’
by OffSite (8/27/09)
A conservative congressman warns that another taxpayer bailout is likely if the government has to start putting money into the Social Security Trust Fund instead of borrowing money from it.
Earlier this week, the Social Security Administration announced it plans to cancel annual cost-of-living adjustments for the next two years, which means senior citizens will receive less money in that time period because their Medicare premiums will still increase. Full Piece
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