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Jeffrey A. Setaro

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Political & Cultural Commentary from a Constitutional Conservative.

CBO

Train Wreck: CBO Predicts Social Security Cash Deficits in 2010-11

September 22, 2009 By Jeff

Ed Morrissey has obtained a copy the summer 2009 Congressional Budget Office report on the health of the Social Security “Trust Fund”… The news isn’t good, actually it’s pretty frightening: Four years ago, George W. Bush attempted to reform the entitlement program Social Security, warning that the system was accelerating into collapse and would soon […]

Filed Under: Economy, Politics Tagged With: CBO, Congressional Budget Office, Deficits, Social Security

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“Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters.” – Daniel Webster

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