Wednesday, May 16, 2012

Government Parties While Social Security Burns..

While the Obama administration scrambles to explain why taxpayer dollars were wasted on lavish Las Vegas parties with clowns and mind-readers, the government has a new fire to fight: Social Security running out of money faster than ever before.
According to the annual report of the Trustees of the Social Security and Medicare trust funds, Social Security – which 45 million Americans depend upon – will be insolvent 3 years earlier than the government projected just last year. That means the wildly overspending Obama administration has knocked 3 years off the life expectancy of Social Security in just 1 year.
Social Security does not provide security.  It provides looming insecurity for Americans.
Where did all the money go? Certainly not to America’s seniors who depend on Social Security. And not to the more than 10 million disabled Americans who depend on disability benefits. Their benefits are now projected to run out of money in just 4 years.

Government Parties While Social Security Burns | click  for  more..

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