Solutions for Debt Crisis Go Far Beyond Tinkering. 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): Debts -- Public | Medicare | Older people -- Economic conditions | Older people -- Medical care | Price regulation | Retirement age | Social security | Tax incidence | United States -- Economic conditionsDDC classification: 050 Summary: "Americans may soon have to start thinking the unthinkable to solve the severe financial problems that the retirement of baby boomers will bring the Social Security and Medicare systems. These two beloved programs are on a collision course with financial reality that threatens the nation's prosperity and the well-being of the next generation of elderly." (USA TODAY) This article reveals "that taxpayers have a hidden debt of at least $53 trillion in government obligations, mostly from Medicare, Social Security and the federal debt."| Item type | Current location | Call number | Status | Date due |
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Articles Contained in SIRS Enduring Issues 2005.
Originally Published: Solutions for Debt Crisis Go Far Beyond Tinkering, Oct. 4, 2004; pp. n.p..
"Americans may soon have to start thinking the unthinkable to solve the severe financial problems that the retirement of baby boomers will bring the Social Security and Medicare systems. These two beloved programs are on a collision course with financial reality that threatens the nation's prosperity and the well-being of the next generation of elderly." (USA TODAY) This article reveals "that taxpayers have a hidden debt of at least $53 trillion in government obligations, mostly from Medicare, Social Security and the federal debt."
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