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Few realize how bad the federal government's finances are, because most evaluations are based on what happened in the pastnot what is likely to happen in the future.
This book shows by how much spending will need to be cut and taxes raised in order to make the government's fiscal position sustainable.
Many of us suspect that Social Security faces eventual bankruptcy. But the government projects its future finances using outdated methods. This title argues that the program faces insolvency far sooner than previously thought. It examines the forces shaping American demographics and the economy to project their future evolution.
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