Technically Bankrupt in Five Years

Thomas R. Saving of the National Center for Policy Analysis told the Senate Special Committee on Aging on July 29 that taxpayers will have to begin bailing out Social Security and Medicare with transfers from income taxes as early as 2008.

The stark truth: We can’t afford these programs unless we reform them.

The National Center for Public Policy Research is a communications and research foundation supportive of a strong national defense and dedicated to providing free market solutions to today’s public policy problems. We believe that the principles of a free market, individual liberty and personal responsibility provide the greatest hope for meeting the challenges facing America in the 21st century.