Obama Packs Debt Commission with Social Security Looters By Matthew Skomarovsky, AlterNet Posted on March 28, 2010, Printed on March 30, 2010 http://www.alternet.org/story/146183/
A decade of wars, tax cuts for the wealthy, and the fallout from Wall Street's housing bubble have almost tripled U.S. public debt since 2001, from $5 trillion to $14 trillion. Big, scary numbers like this, along with carefully timed downgrade warnings from Wall Street's obedient rating agencies and continuing worries about the financial collapse of Greece, Portugal and other nations have changed the political climate in Washington, breathing new life into decades-old schemes to slash Social Security and Medicare entitlements.
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