the burden our children face,from "the coming generational storm

来源: 左右逢源 于 08-06-19 19:52:34 [档案] [博客] [旧帖] [转至博客] [给我悄悄话]


45 trillion, the net present value.

if measures were taken to erase that gap in 2003, the gov has to either:

1. Increase Federal income tax(individual and corporate) by 69%, or
2. Increase payroll tax by 95%, or
3. Cut Federal spending by 106%(meaning a negative spending), or
4. Cut social security and Medicare by 45%

if it was put off until 2008, the figures are:

1. 74%
2. 103%
3. 115%
4. 47%