Category: Z B: Social Security

A few weeks ago the Board of Trustees of Social Security sent a formal letter to the United States Senate and House of Representatives to issue a dire warning: Social Security is running out of money. Given that tens of millions of Americans depend on this public pension program as their sole source

Recently the Congressional Budget Office published a scathing report that the US government debt-to-GDP ratio will double over the next 30-years. Few government agencies are as blunt as the Congressional Budget Office. In fact the agency’s report plainly states that “the prospect of such large and growing debt poses substantial risks for the