THE FISCAL SOLVENCY PROJECT

 

U.S. Paper Debt Clock. Add over $40 Trillion more in unfunded SS & Medicare liabilities to cover the coming retirement of the baby-boom generation!

a bi-partisan cooperative project of the Campaign for Liberty of Shawnee and Douglas County, Kansas and partners

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     BREAKING NEWS ON THE NATIONAL BUDGET CRISIS

     Everyday the American people learn that their national fiscal situation is even worse than previously thought. The following are mere samples of the deluge of publicly-available "breaking news" on this subject. For news stories specific to the impact of this budget fiasco on the State of Kansas, click here.

 

DATE SOURCE WRITER TITLE / LINK SUMMARY & COMMENTS
5-29-2009 USA Today Dennis Cauchon Leap in US Debt Saddles Taxpayers Avg. household share of federal debt increased $55,000 this year to $546,000. Shockingly this includes share of $5.3 Trillion of unfunded military and federal employee retirement benefits! A must read.
5-24-09 Syracuse Post Tom Raum (AP) Fix is Hard for Medicare, SS Finances Political leaders debate forming commission to "fix" the system
5-13-2009 New York Times Robert Pear Recession Drains S.S. & Medicare Medicare now expected to run out of money two years sooner than projected.