60 minutes. Wake up call
Description
David Walker, the Comptroller General of the United States, predicts that unless the U.S. changes its fiscal course, it could go bankrupt when its 78 million baby boomers become eligible for Social Security and Medicare. He tells the voters to urge the government to raise taxes or government revenues and put a cap on federal spending to maintain the U.S. economic security and standard of living. Steve Kroft reports.
Runtime
11 minutes
Series
Subjects
Geography
Genre
Database
Alexander Street
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