Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DuncanWaring
Social Security is a trivial problem at this point.

Trivial? The so-called entitlement programs are driving our indebtedness and represent an unfunded liability of over $60 trillion over a 75 year period. Take a look at these figures for the FY-2010 federal budget.


24 posted on 07/03/2011 6:42:15 PM PDT by kabar
[ Post Reply | Private Reply | To 18 | View Replies ]


To: kabar

Remember when ‘Excise Tax’ was 100% and there were no other categories?


39 posted on 07/03/2011 7:57:55 PM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
[ Post Reply | Private Reply | To 24 | View Replies ]

To: kabar
The so-called entitlement programs are driving our indebtedness and represent an unfunded liability of over $60 trillion over a 75 year period.

Bah!

$60 trillion over a 75 year period?

That's not even $1 trillion per year.

There's a hole nearly three times that size in THIS YEAR'S budget.

40 posted on 07/03/2011 8:04:47 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 24 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson