Trillion

Pension Crisis Looms Large for Blue States: Trillion Dollar Shortfall Predicted

Washington, D.C. – A warning has been issued by Washington Times contributor Peter Ross regarding the possible shortfall of public pension funds in blue states, which could potentially exceed a trillion dollars. The looming crisis has raised concerns about the financial stability of these funds and the impact it may have on retirees relying on them for income security. Ross points to mismanagement and overspending as key factors contributing to the precarious state of public …

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Security: America’s Top Retirement Program Facing $22 Trillion Funding Shortfall

Tampa, Florida – Social Security stands as a critical safety net for millions of Americans, especially seniors aged 65 and over, providing vital financial support to lift millions above the poverty line each year. However, despite its indispensable role, concerns loom over the program’s long-term financial sustainability. The latest analysis from the Center on Budget and Policy Priorities, based on data from the U.S. Census Bureau, underscores the significant impact of Social Security on poverty …

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Underfunding Crisis of $175 Trillion Threatens Medicare and Social Security Solvency

Washington, D.C. – Medicare and Social Security are confronted with a looming financial crisis as a recent report from the U.S. Treasury Department reveals a significant underfunding of $175 trillion. This staggering deficit poses a threat to the sustainability of these crucial programs for the current generation of American children unless substantial changes are swiftly implemented. According to the report, if current trends persist, Medicare and Social Security may face challenges in meeting their full …

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