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Hidden in the numbers 4 August, 2009

Posted by David Anderson in Budget, federal, Tax Hikes.

You all saw the news about plummeting tax receipts to the federal government. Revenues are down 18% over last year, but what you may not have noticed is social security has moved closer to payout more than it brings in. Estimates put it closer to the worst case scenario of 2013. Democrats blocked President’s Bush’s reform effort. Now they will need their own on top of everything else. Demagoguery has a price.

Democrats you own this problem now solve it.



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