ELF News Archives
May 2003- Treasury Report Says Federal Budget Deficits Could Total $44 Trillion
-
"The study, the most comprehensive assessment of how the U.S. government is at risk of being overwhelmed by the 'baby boom' generation's future healthcare and retirement costs, was commissioned by then-Treasury Secretary Paul O'Neill.
"The study asserts that sharp tax increases, massive spending cuts or a painful mix of both are unavoidable if the United States is to meet benefit promises to future generations. It estimates that closing the gap would require the equivalent of an immediate and permanent 66 percent across-the-board income tax increase."
Cato Institute 05/30
- Golden rush is on for senior housing -
As baby boomers the nation's largest segment of the population begin to ease into their retirement years, these are the answers more and more are giving when it comes to the paramount golden-years question: "Where do you want to retire?"
Washington Times 05/20
- Lessons to learn from "Old Europe" -
If Americans want to know what things will be like without real social security reform, all it needs to do is look at Europe's pension system today.
Social Security Choice 05/16
- Forgotten giant -
House and Senate lawmakers are feverishly designing major reforms to the federal government's centerpiece program providing health benefits to senior citizens Medicare.
Washington Times 05/14
- 'Old Europe' and getting older -
People are living longer, women are having fewer children, and the number of workers relative to retirees is shrinking. These trends will cause their Social Security systems and, more generally, the welfare state part of Europe's DNA to collapse. Old Europe, as we know it, is dying.
Washington Times 05/14
- Successful Aging: Reconnecting with siblings -
I am in my 60s and have one sister who lives 500 miles away. We were close as children, but drifted away from each other in our adult years. I would like to reconnect with her, although I am not sure why after all this time.
Daily Breeze 05/02
- At 68, Striving to Thrive -
Genco has been a student and teacher of hypnosis for more than 50 years. And though hes almost 70, he still teaches at a dozen colleges around Southern California and completes the L.A. Marathon every year on one roller skate.
Daily Breeze 05/02