Detailed text transcripts for TV channel - FOXNEWS - 20130531:22:09:00
The progres prognosis for me and social security is not promising. today's annual report reinforces what many of you already believe, that without changes both are in trouble. >> reporter: with 10 thousand baby boomers retiring every day for the next two decades, it's clear the young will face higher taxes if seniors collect all their social security and medicare benefits, promises that far exceed any plans to pay for them. >> we're looking at over 30 trillion in total obligations that we have to find financial resources 0 to pay for above and beyond projecte projected payro. >> the programs a...
Source: news source