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The Cold Hard Facts

December 28, 2009
Hoven’s Index for December 28, 2009
Year Medicare began running cash deficits:  2008.

 

Year Social Security will begin running cash deficits:  2016.

 

Year the Medicare trust fund will be exhausted:  2017.

 

Year the Social Security trust fund will be exhausted:  2037.

Source:  GAO.
It is time for a taxpayer Bill of Rights.
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