Social Insecurity Crisis - New York Times

Social Insecurity Crisis - New York Times: "USA Today recently quoted David Walker, the U.S. comptroller general, as saying we are about to be hit by 'a demographic tsunami' that will 'never recede.' The baby boomers total 77 million, and their first wave turns 60 this year. Unless we trim the Medicare and Social Security benefits promised to these boomers, the paper noted, America's 'national debt will grow more than $3 trillion through 2010, to $11.2 trillion. ... The interest alone would cost $561 billion in 2010, the same as the Pentagon [budget].'"