A change I can believe in

30 03 2010

USA continues cruisin for a bruisin with this news just in from the NY times:

Social security to see payout to exceed pay-in this year

This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.

Analysts have long tried to predict the year when Social Security would pay out more than it took in because they view it as a tipping point — the first step of a long, slow march to insolvency………

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