There’s A Raid Coming On Social Security

Monday, February 11, 2013
By Paul Martin

Bruce Krasting
BusinessInsider.com
Feb 10 2013

Every politician in America knows that Social Security (SS) is a third rail. Any Pol who tries to mess with the country’s largest and most popular entitlement program is going to have the likes of the AARP coming after them. It’s not possible to win an election on a platform that advocates cutting back SS.

With that in mind, I find it interesting to report that a very credible source is now predicting that Obama AND Congress will take action over the next 24 months that will substantially undermine both the long and short-term health of SS. The legislative raid on SS will certainly total in the hundreds of billions, it could top $1T over the next fifteen years.

So who is this “credible source”? And just how is this raid going to happen? The source of this information is the Congressional Budget Office (CBO); the following is how it will play out:

The Rest…HERE

Leave a Reply