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Top American Spending Priorities: Education, Social Security and Medicare

by on Jan.26, 2011, under Towing

If the government budget follows popular sentiment, education, social security and Medicare are safe. Those are the areas where fewest Americans want to see government spending cuts, according to a Gallup poll released Wednesday.

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Top American Spending Priorities: Education, Social Security and Medicare originally appeared on DailyFinance on Wed, 26 Jan 2011 18:30:00.

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Americans Are Increasingly Schizophrenic Over Health Care Reform

by on Jan.25, 2011, under Towing

Health care reform repeal effort

Americans’ opinions on the divisive topic are all over the map. A new poll shows more than half of Americans now oppose the law, compared to only 41% who support it. Yet 62% — including 38% of Republicans — actually disapprove of defunding or changing parts of the law.

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Americans Are Increasingly Schizophrenic Over Health Care Reform originally appeared on DailyFinance on Tue, 25 Jan 2011 21:00:00.

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Social Insecurity: Inside the ‘Trust Fund’ Illusion

by on Jan.20, 2011, under Towing

Washington has been borrowing Social Security’s surpluses for decades and issuing IOUs in return. However, the ability to pay those IOUs depends on the Treasury borrowing more money on global bond markets at affordable rates. That’s hardly a sure thing.

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Social Insecurity: Inside the ‘Trust Fund’ Illusion originally appeared on DailyFinance on Thu, 20 Jan 2011 12:00:00.

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Social Security Is in Far Worse Shape Than You Think

by on Jan.19, 2011, under Towing

For years, policymakers have reassured the public that Social Security will be solvent for decades. But outlay and income data from the Treasury reveal that Social Security is already deep in the red — by $76 billion in 2010 alone. That’s just the beginning.

Continue reading Social Security Is in Far Worse Shape Than You Think

Social Security Is in Far Worse Shape Than You Think originally appeared on DailyFinance on Wed, 19 Jan 2011 06:30:00.

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