Article: Social Security: "sacred cow" of entitlement programs.

In August, 1994, the Federal Bipartisan Commission on Entitlements and Tax Reform issued a preliminary report warning that government spending for entitlements--including Social Security, Medicare, Medicaid, and Unemployment Insurance--is growing at such a rapid rate that, unless Congress acts soon, it could bankrupt the country. The public has been hearing that message for some time now, but not paying heed to it.

While the possible bankruptcy of Federal entitlement programs is a very real prospect, there is another issue that needs to be addressed first. Politicians must start dealing honestly with the public about these programs, especially Social Security, in ...

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