Lester Wrote:
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> The best solution is to spin off Medicare and
> Social Security from the rest of government. They
> have their own funding sources and don't currently
> contribute to the deficits. The rest of the
> budget is a complete mess because they've been
> allowed to raid the entitlements to hide their
> mismanagement.
"Currently"
Actually, they have the last couple years due to "temporary" stimulus.
And, yes, they have been raiding the entitlements to hide mismanagement, but it's not as if the entitlements themselves are sound. Just ask the Trustees...
http://www.ssa.gov/oact/trsum/index.html
Not to worry, once lenders stop being scared of everyone else, they'll stop rolling the debt at current rates. That's when the fun really begins...