Washington in Debt Denial

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July 9, 2013 News and Analysis on Your Money in Washington

Washington in Debt Denial "After two years of harrowing confrontations in Washington,” begins a recent article in the Washington Post, “the national debt is no longer growing out of control." But our government still carries a huge load of debt, and this latest improvement certainly won’t last. In fact, absent real reform, it’s set to get much worse.
Social Security Insolvency Coming Sooner Than Projected If the historical pattern continues, the Social Security trust fund could become insolvent in 2024—a full nine years sooner than currently projected. Absent reform, insolvency will result in immediate, across-the-board Social Security benefit cuts of about 23 percent. Such benefit cuts would be particularly harmful to current retirees. Read and Share the Full Report >>
In 12 Charts, See What's Driving the Debt Sky High >>	Cut Five USDA Programs, Save $2.8 Billion A Year Trim down, Dept of Agriculture Read the Full Report Cut Government Spending to Help the Economy? Majority Say Yes Latest poll of American public See and Share It Now How to Cut $30 Billion More from the THUD Bill Line-by-line, here are the cuts Explore the Complete Study

	Want more analysis on taxes, spending and debt? Visit Entitlements home page >>

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