Wednesday, May 03, 2006

 

Social Security Financial Health Declining

Social Security and Medicare trustees say the financial condition of the government's two biggest benefit programs deteriorated slightly over the past year.

That assessment on Monday prompted Democrats and Republicans to hurl familiar charges at each other in a repeat of last year's pitched battle over what to do about Social Security.

Democrats accused the Bush administration of overstating the problems in the two programs as a way of getting Congress to enact draconian benefit cuts, while Republicans said Democrats were refusing to face serious funding shortfalls.

Social Security Financial Health Declining
Source: Insurance News Net

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