Page 5 - 2 7 Billion Dollar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

First time since a couple of years ago they didn t have enough from the tax money to come in, they had to dip into the 2.7 billion dollar buffer and it s going down and down and down, headed for bankruptcy and that s going to be gone the next couple of decades and the tax revenues are not going to pay everybody the money. what to do about it, you hear president obama saying maybe some minor tweaks. are minor tweaks going to take care of it? i don t think so. well, first and foremost what you can do is make people retire later. that does make a very big difference to the system. megyn: and that s on the left. we saw durbin get behind raise it go one year, the retirement age by one year and he got pummelled. well, you may have to make the hard choices, i have to tell you. look at the people you know who are retiring today. are they retiring at 62? are they retiring at 65? no, they re not. they re retiring at 70. everybody s working longer to try to save enough to retire. megyn: n ....

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