Monday, December 6, 2010

Booming Senior Citizen Population Will Bring Social Security to Its Knees: Deficit Committee

Significant changes in seniors’ security blanket program detailed by committee in ‘The Moment of Truth’ report
By Tucker Sutherland, editor, SeniorJournal.com
Dec. 3, 2010 – Most of the initial reactions to the proposal on December 1 by President Obama’s special committee seeking ways to reduce the U.S. deficit focused on changes to Medicare as being the most dramatic of the adjustments recommended. Medicare, no doubt, is critical to senior citizens but the program closer to the hearts of millions of seniors is Social Security – the security blanket. The committee’s report does urge drastic changes in this program to and says unless the nation acts the booming number elderly will “bring the Social Security program to its knees.”
FOR THE REST:
http://www.seniorjournal.com/NEWS/SocialSecurity/2010/20101203-BoomingSenCitPopulation.htm

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