Where Is The Money To Pay For Your CSRS Or FERS Retirement Annuity? - ATC - Aviation Information

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Where Is The Money To Pay For Your CSRS Or FERS Retirement Annuity?

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http://www.usatoday.com/news/washing...-28-debt_N.htm
By Dennis Cauchon, USA TODAY

Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises, a USA TODAY analysis shows.

The 12% rise in red ink in 2008 stems from an explosion of federal borrowing during the recession, plus an aging population driving up the costs of Medicare and Social Security.
For more: http://www.usatoday.com/news/washing...-28-debt_N.htm

Where Is The Money To Pay For Your CSRS Or FERS Retirement Annuity?
« Previous Article Viewed 489 Times Next Article »