Hidden Debt--A Problem the Candidates Don't Address. Dennis Cauchon and John Waggoner.
by Cauchon, Dennis; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2005Article 40Business. Publisher: USA Today, 2004ISSN: 1522-3191;.Subject(s): Baby boom generation (1946-1964) | Debt | Debts -- Public | Medicare | Older people -- Economic conditions | Older people -- Medical care | Social security | Tax incidence | United States -- Economic conditionsDDC classification: 050 Summary: "The long-term economic health of the United States is threatened by $53 trillion in government debts and liabilities that start to come due in four years when baby boomers begin to retire." (USA TODAY) This article reveals that "benefits promised under Medicare, Social Security and government pensions" will dwarf the $9.5 trillion taxpayers owe on mortgages and credit cards.| Item type | Current location | Call number | Status | Date due |
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Articles Contained in SIRS Enduring Issues 2005.
Originally Published: Hidden Debt--A Problem the Candidates Don't Address, Oct. 3, 2004; pp. n.p..
"The long-term economic health of the United States is threatened by $53 trillion in government debts and liabilities that start to come due in four years when baby boomers begin to retire." (USA TODAY) This article reveals that "benefits promised under Medicare, Social Security and government pensions" will dwarf the $9.5 trillion taxpayers owe on mortgages and credit cards.
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