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Sunday, May 07, 2006

Retirement crisis threatens federal solvency

"Listen. There's a sound off in the not-too-distant future. It's muffled now, but it's there, like the faint rumble of a thunderstorm in the next county. It's the sound of 78 million baby boomers marching toward retirement...But the real noise will begin when they realize that the Social Security and Medicare programs for which they've so long paid and on which they've so long expected to depend won't have enough money."

Seattle Post-Intelligencer

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