The Market Ticker - Updating Fiscal DEATH
Heh, why not.
“Social Insurance and Retirement” = Social Security and Medicare (combined) is $484 billion.
Approximately 80% is Social Security, so $387 billion. Spent is $425, or a cash deficit of about 9%. Not so bad.
The rest is Medicare or $97 billion taxed and $257 billion spent, or a (Click link to read more)
Source: https://www.market-ticker.org/akcs-www?post=235378
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