U.S. Social Security goes "cash negative"

10/30/2011 | Washington Post, The · Atlantic Wire, The · Business Insider

Social Security will add $46 billion to the U.S.'s budget problems this year, a figure that would rise to $267 billion if Congress adopts President Barack Obama's proposal to expand this year's tax break into 2012, according to the system's trustees. Congressional leaders of both parties are avoiding the issue, fearful of angering senior citizens and their advocates.

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Washington Post, The · Atlantic Wire, The · Business Insider

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