{"id":1205,"date":"2009-09-24T06:49:23","date_gmt":"2009-09-24T06:49:23","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=1205"},"modified":"2009-09-24T06:49:23","modified_gmt":"2009-09-24T06:49:23","slug":"social_security_in_the_red","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=1205","title":{"rendered":"Social Security In The Red"},"content":{"rendered":"<p>According to yesterday&#8217;s <a href=\"http:\/\/www.investors.com\/NewsAndAnalysis\/Article.aspx?id=506978\">Investor&#8217;s Business Daily<\/a>, the Congressional Budget Office reports that Social Security will show deficits in 2010 ($10 billion) and 2011 ($9 billion).&nbsp; Keep in mind that according to Congress, fiscal 2010 arrives next month.&nbsp; The article points out:<\/p>\n<blockquote dir=\"ltr\" style=\"MARGIN-RIGHT: 0px\">\n<p><em>&#8220;It&#8217;s widely known that Social Security is headed for deep financial problems. But mainly because projections didn&#8217;t have the program running deficits until almost 2020, there&#8217;s been little urgency to make changes in the system.<\/em><\/p>\n<p><em>&#8220;Typical. Politicians are generally inclined to avoid making decisions on such difficult issues. When President Bush proposed a partial privatization plan four years ago, Congress deferred because most members figured they wouldn&#8217;t be in office when the crisis hit. Rather than risk their prospects in the next election, they left the mess to the next generation.&#8221;<\/em><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Frankly, I wouldn&#8217;t trust the current Congress to make any positive changes in the Social Security program.&nbsp; The program needs to be overhauled and privatized.&nbsp; Congress also needs to&nbsp;stop using the money collected&nbsp;in Social Security taxes for other things.&nbsp; It is noteworthy that Congress opted out of the Social Security&nbsp;retirement program&nbsp;about the same time it started stealing from it.&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to yesterday&#8217;s Investor&#8217;s Business Daily, the Congressional Budget Office reports that Social Security will show deficits in 2010 ($10 billion) and 2011 ($9 billion).&nbsp; Keep in mind that according to Congress, fiscal 2010 arrives next month.&nbsp; The article points &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=1205\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1205","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/1205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1205"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/1205\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}