Debt commission post

A few days ago, I posted in favor of a debt commission.  I just wanted to clarify my views on the subject.  My preference would be to phase out all entitlement benefits and impose stringent controls on the way Congress can appropriate money, but the former will definitely not happen, and the latter has a [...]

Part of Social Security is cash-flow negative

From the National Center for Policy Analysis:

The disability program is already in a negative cash flow position and the retirement and survivor’s income program is expected to have a negative cash flow in 2010-2011.

The storm clouds are accumulating…