Here a nice number, and a conservative one at that.
According to radical blog:
"Together Medicare and Social Security would need an additional $18.7 trillion in the bank right now to meet the benefits promised over the next 75 years. That gives you an idea of the hole we are in. Annual GDP is around $14 trillion."
What is that radical blog? PBS ... you know the government funded media.
You can verify that athttp://www.pbs.org/nbr/blog/2009/05/social_security_and_medicare_u.html Of course, that was in May and the numbers are most likely higher now.
According to the National Center For Policy Analysis, the number is a staggering (even in the Obama era) $107 trillion ... we are not talking billions anymore, that is trillion. See http://www.ncpa.org/pub/ba662
Think what might happen if we get government owned health care. Your kids may be paying 25, 30 35 % of their income just for health care.
I am a professional researcher but I did not personally research these items. Raed the source material for yourself.
Better yet, maybe Dennis Moore's loyal apologists should read it. Dennis himself? NAH ... too busy.
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