Colorado Springs Financial Briefs: October 5, 2007
Colorado Springs Business Journal › October 08, 2007
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Summary
Department of Treasury officials said last week that they estimate Social Security is speeding toward a $13.6 trillion shortfall, and that the only solutions to the problem are higher taxes or reduced benefits.
The announcement came by way of a brief, Social Security Reform: The Nature of the Problem.See the full content of this document
Extract
Colorado Springs Financial Briefs: October 5, 2007
The brief calls for reforms that would spread the financial burden over several generations.
Projections in the report show that the Social Security trust fund balance will hit its peak in...See the full content of this document
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