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$45 trillion gap seen in US benefits (over next 75 years, estimate from Bush administration)
AP on Yahoo ^ | 12/17/07 | Martin Crutsinger - ap

Posted on 12/17/2007 1:11:03 PM PST by NormsRevenge

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Stuff that in your gubamint crack pipe and have a hit, Pelosi and Reid.
1 posted on 12/17/2007 1:11:05 PM PST by NormsRevenge
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Annual financial report: http://www.fms.treas.gov/fr/index.html


2 posted on 12/17/2007 1:11:22 PM PST by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: NormsRevenge

Sweet! I’m going to keep saving like crazy and bail out of this country before the fiscal collapse. I’m guessing I have about 20 years...maybe.


3 posted on 12/17/2007 1:12:44 PM PST by xrp (Ron Paul: The RIGHT way to vote for freedom.)
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To: NormsRevenge

I know, lets give the sub human Palestinians our tax money. Secretary of State Condoleezza Rice pledged $555 million for 2008. That should help all concerned.

Regards


4 posted on 12/17/2007 1:15:49 PM PST by ARE SOLE (Agents Ramos and Campean are in prison at this very moment.. (A "Concerned Citizen".)
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To: NormsRevenge
How many Illegals were/were not included in that SWAG estimate?
5 posted on 12/17/2007 1:16:21 PM PST by Zakeet (Be thankful we don't get all the government we pay for)
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To: NormsRevenge; PhiKapMom

GWB had us all mobilized on fixing SocSec and then let it die. If his intent here is to get it fixed and have the necesary blame pinned on him, that is pretty noble. But I doubt very much that anything at all can be accomplished now that all of the House and 1/3 of the Senate is entering campaign mode. No Congresscritter is going to want to explain the pain that is coming. And no way privatizing which is the only hope of fixing it will be allowed to happen. Nope, our grandkids must decide that our quality of life falls below acceptable norms and give us the Terri treatment.


6 posted on 12/17/2007 1:16:24 PM PST by NonValueAdded (Fred Dalton Thompson for President)
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To: NormsRevenge
"If we don't take action now, it threatens to destroy our social safety net and ruin our economic prosperity,"

It is the "social safety net" which is ruining the economy.

7 posted on 12/17/2007 1:16:56 PM PST by BenLurkin
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To: NormsRevenge

Democrats, and lobbyists including AARP, rejected the Bush Administration’s attempts to address this issue. Democrats seemed to say Congress can fix this problem like it always has—raise taxes. Democrats were offended that Republicans would dare try to tinker with FDR’s great gift to posterity.


8 posted on 12/17/2007 1:19:56 PM PST by Brad from Tennessee ("A politician can't give you anything he hasn't first stolen from you.")
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To: NonValueAdded
GWB had us all mobilized on fixing SocSec and then let it die.

President Bush didn't let it die. Conservatives threw Bush to the wolves when the MSM started their "illegal immigration" media campaign in order to derail the Social Security issue. The liberals in the MSM played popular conservatism against the President on the immigration issue in order to kill general support for the President's other initiatives - from the WOT to Social Security reform... and it worked.

9 posted on 12/17/2007 1:20:12 PM PST by coconutt2000 (NO MORE PEACE FOR OIL!!! DOWN WITH TYRANTS, TERRORISTS, AND TIMIDCRATS!!!! (3-T's For World Peace))
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To: NormsRevenge

Chump change to the Democrats. Let the rich pay it.


10 posted on 12/17/2007 1:21:27 PM PST by Brilliant
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To: NonValueAdded

This is more about Medicare. Much of this projected shortfall is his own making due to the drugs for old people program.


11 posted on 12/17/2007 1:23:18 PM PST by DemEater
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To: NormsRevenge

45 Tril, thats nice, we can sell every dam thing in our country and that might cover the balance.

Mountains, lakes, bases, forks, spoons,quakers, Vegas. All of it.


12 posted on 12/17/2007 1:23:50 PM PST by BGHater (If Guns Cause Crime Then Matches Cause Arson?)
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To: NormsRevenge
the new report emphasized the need to enact legislation he is supporting that would create a bipartisan commission

Wow, another blue-ribbon, "bi-partisan" commission -- that's sure to work.....

13 posted on 12/17/2007 1:25:40 PM PST by mikrofon (Consensus is NOT Leadership)
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To: NormsRevenge

No problem, we’ll just raise taxes...

Or hell better yet, just give your entire check to us, your trustworthy gov’t, and we’ll provide you everything you need so you can continue to not care and watch reality shows.


14 posted on 12/17/2007 1:26:03 PM PST by Slapshot68
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To: coconutt2000

I really wasn’t on board with Bush’s plan, but I did like the direction he was taking it.... away from Uncle Sam.

Even if you plopped that money into an online savings account such as HSBC has, etc, you’re be doing better than Social Security.


15 posted on 12/17/2007 1:27:39 PM PST by Slapshot68
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To: NormsRevenge
Stuff that in your gubamint crack pipe and have a hit, Pelosi and Reid.

And Bush. Prescription Drug Program.

16 posted on 12/17/2007 1:28:48 PM PST by decimon
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To: Zakeet

I haven’t looked at the report link, as you suspect, I’m not sure if they were included,, maybe they are in an intangibles section.


17 posted on 12/17/2007 1:28:53 PM PST by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: NonValueAdded

I think Medicare is a bigger issue than Social Security. And I don’t think Bush’s drug plan helped Medicare. Looking at the report it appears Medicare and interest on debt are the biggest increases in future liabilities - with interest being the largest by far.


18 posted on 12/17/2007 1:29:00 PM PST by Your Nightmare
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To: decimon

Let’s be fair..

Dept of Edumacation and NCLB ;-)


19 posted on 12/17/2007 1:32:30 PM PST by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: ARE SOLE

http://ap.google.com/article/ALeqM5iiJF_K2TY_t3bDU8qqlvjhJk63xwD8TJBH2G0I

know, lets give the sub human Palestinians our tax money.

A little hear and, a little there. We the people no longer exist, it’s, we your “government”


20 posted on 12/17/2007 1:33:41 PM PST by buck61
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