[DManA]

The alternative is to raise taxes. There would be a revolt if taxes were raised to pay for the benefits in just a few years.

[DManA]

And of course the third alternative would be to cut benefits to the point where tax payers are willing to assume the burden.

I agree that we are at the edge of what we can borrow without completely collapsing the system.

Looks like to me practically speaking we are going to have to cut benefits.

[kabar]

Agreed. You could cut benefits but with 54 million on SS, 44 million on Medicare, and 60 million on Medicaid/CHIPS, there would be a revolt. Obamacare will add another 18 million to Medicaid.

Most Americans don't have a clue as to how much trouble we are in. We are bankrupt and there is no way to get out of our predicament without a lot of pain. It is going to be terrible.