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Social Insurance Thought For The Day

Found while doing research for a post to a mailing list:

Present value of unfunded obligations for Social Security: $11.1 trillion.

Present value of unfunded obligations for Medicare: $24.1 trillion.

Current U.S. national debt: $7.7 trillion.

Debt + unfunded obligactions from SS & medicare, per American: $148,000.

I wonder if Uncle Sam will head for bankruptcy before those laws change.

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