
Keep looking over your shoulder America, the screwings will continue until morale improves. Here is some great news on how the Federal Government has been stealing from you for years.
From Fox News- WASHINGTON -- The financial health of the government's two biggest benefit programs may have slipped over the past year, reflecting the deep recession that has already bitten into other areas of the budget.
The trustees for Social Security and Medicare are scheduled to provide their annual report on the finances of both programs on Tuesday. In advance of the release, many private analysts said they expected both programs could run out of cash sooner than last predicted.
A year ago, the trustees projected that the Social Security trust fund would start paying out more in benefits than it collects in taxes in 2017 and that the trust fund would be depleted in 2041.
Come one, you remember.
OK, he killed Kennedy. Yea! That guy!
The Great Society was another New Deal style program designed to compensate for liberal guilt over the class disparity in America. Another spoonful of Socialism, candy coated social engineering designed to make us all feel good again. BTW, FDR was the A$$ who saddled us with Social Security. I hope they are dancing in Hell with Hitler and Stalin. Well, I guess FDR is probably not dancing.
Fewer people working means less being paid into the trust funds for Social Security and Medicare.
While the smaller surplus will not have any impact on Social Security benefit payments, the government will need to borrow more at a time when the federal deficit is already exploding because of the recession and the billions of dollars being spent to prop up a shaky banking system.
Obama on Monday praised a pledge by the health care industry to achieve $2 trillion in savings on health care costs over the next decade, but it was unclear how much help those pledges would be in achieving Obama's goal of extending coverage to some 50 million uninsured Americans. The administration is pushing Congress to pass legislation in this area this year, preferring to tackle health care before Social Security.
The trustees report is still expected to set off a heated debate over the government's two large benefit programs, with critics saying it will highlight the failure of the Obama administration to take on the most serious problems in the budget -- soaring entitlement spending, before the retirement of 78 million baby boomers makes the problems even worse.
The administration on Monday revised its deficit forecasts upward to project an imbalance this year of $1.84 trillion, four times last year's record deficit, and said the deficits will remain above $500 billion every year over the next decade.
Dear Uncle Sam,
Please stop stealing from me to pay for failed entitlement programs.
Sincerely,
RipperBravo6






