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The official, who spoke on condition of anonymity before the formal announcement, said that the delay will allow the government to determine the impact of the massive overhaul of health care that President Barack Obama just signed into law.
Last year's report of the trustees for Social Security and Medicare, the government's two biggest benefit programs, said that the Social Security trust fund would be depleted by 2041 and the Medicare trust fund would be depleted by 2019.
The trustees warned that the financial pressures would begin much sooner when the programs begin paying out more
Originally posted by Zosynspiracy
Who cares?????????????? DOW TO 11,000!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The US government is a joke.
Originally posted by plumranch
reply to post by Subjective Truth
BTW for all you Wall Street haters, the reason the markets are going up now is not because of greed or executive salaries or whatever, it's just that we have gotten a short reprieve from worrying that the Obama administration is going to end the American way of life as we know it. Obama will strike again soon with more legislation and the markets will fall again to around 10,000.