GAO Report on Social Security System

[REACTIVATED IN CT]

Social Security: Long-Term Challenges Warrant Early Action
25 pages; testimony provided by David M. Walker, comptroller general of the United States, before the Senate Special Committee on Aging on February 3, 2005. (U.S. Government Accountability Office)

http://www.gao.gov/new.items/d05303t.pdf

[papau]

1. net interest because of the deficit grows to exceed Medicare/soc sec in '40

wow - can we say we are on a path to nowhere!???

I liked the no tax change revenue constant as a % of GDP assumption for years after 2014.

and pre-funding made by borrowing does nothing to solve the problem!

and social security is easy lifting compared to health!

great charts.

I'll ask my buddies at CBO for a Word version and see if I can post excerpts!

[REACTIVATED IN CT]

2. Word Version

You should be able to copy and paste excerpts from the PDF - I just tried it with my Adobe Reader (version 5.0) and I can do it:)