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August is being repeated, that word is out there again. bill: you talked about that two days ago. give me an example of how big this problem is for every day americans, stuart. >> the average family puts into medicare $119,000, over the lifetime of their working lives, in, $119,000, taken out, $357,000. nearly three times what they've put in. and this is at a time when you've got baby boomers retiring and becoming medicare-eligible in vast numbers. that's not sustain afnlt that's how big this problem is. that's how big the problem is to wrap your arms around. very difficult. bill: and that arr...

Problem which the faa is trying to fix, though it will take a couple of years. there are about 357,000 private aircraft in the u.s. but the faa says that registration records for about one-third of them, about 119,000 appear to be inaccurate or out of date. here's why it's a problem. it increases the possibility that the aircraft or the registration numbers can be used by drug traffickers, let's say, or even terrorists, and will not be detected by law enforcement. let me give you an example. when an aircraft enters restricted air space here in washington, one of the first things authorities do...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Those stories and your comments right here right now in the cnn newsroom. it's their job. the faa is supposed to be keeping up with planes. some troubled record-keeping and now fear that terrorists could exploit the problem. the associated press says the faa is missing key information on 119,000 private and commercial planes. our homeland security correspondent jeanne meserve joins us now. help us keep this in perspective. it sounded like the faa didn't know where they were. that's not exactly the case. >> reporter: the problem is that the registrations are out of date. i just talked to some...