Hey middle class boomers get ready to land on your butts as talk in Washington moves to the deficit. The Washington Post has an article on the plans and they will be coming for your Social Security, here is the some of the money quotes:
"The government is living far beyond its means, he said, and if not for excess cash in the Social Security trust fund, it would be recording deficits on a magnitude not seen since the recession of the early 1990s. Take away the Social Security money, and the deficit would have been $434 billion last year, about 3.3 percent of GDP, which rose 6 percent in 2005, compared with 2004."
And then there is this red flag:
"I'm quite sure they want to get the word out about entitlements and educate the public. This could be a new way of putting Social Security and Medicare at the top of the agenda,"
You add this up with Democratic Senator Ted Kennedy and Republican John McCain's amnesty plan for the illegal immigrants to be able get Social Security benefits even if they used identity theft to get a Social Security card and you cab pretty much kiss your Social Security good bye.
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