10/30/2013 – Arguments Over Social Security Pit Old Vs. Young (NPR)

Oct 31, 2013 No Comments by

Congress has until Jan. 15 to come up with another spending plan. As they negotiate, one thing you’ll hear a lot about is overhauling entitlement programs — particularly Social Security.

The program accounts for about 20 percent of federal spending. One argument in favor of cuts is that Social Security amounts to a huge transfer of wealth from the young to the old.

Read the full article at NPR.

Financial -Landing 2013

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