Libertarians for Ron Paul

$45 Trillion Gap Seen in US Benefits

“The government is promising $45 trillion more than it can deliver on Social Security, Medicare and other benefit programs.”

“That is the gap between the promises the government has made in benefits and the projected revenue stream for these programs over the next 75 years, the Bush administration estimated Monday.”

“The $45.1 trillion shortfall has increased by nearly $1 trillion in just one year, according to the administration’s “Financial Report of the United States Government” for 2006. And, it’s up 67.8 percent in just the past four years. In 2003, the shortfall between promised benefits and revenue sources over a 75-year period was put at $26.9 trillion.”

Full AP report http://tinyurl.com/2xf93g

 Annual financial report: www.fms.treas.gov/fr/index.html