Hidden Debt--A Problem the Candidates Don't Address.
Dennis Cauchon and John Waggoner.
- USA Today, 2004.
- SIRS Enduring Issues 2005. Article 40, Business, 1522-3191; .
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.
1522-3191;
Baby boom generation (1946-1964) Debt Debts--Public Medicare Older people--Economic conditions Older people--Medical care Social security Tax incidence