Medicare, Medicaid, and CHIP:
There have been some ideas in regard to funding the future retirees and somewhere down the line we must change the present system in order to keep it afloat.
1) If you are rich (a millionaire) sorry, this is a national emergency.... you don't get any social security benefits, including Medicaid or Medicare.
2) Some are suggesting to raise the retirement age from age 62 to 67, Mitt Romney suggests seniors 65 and over that would like to continue to work would pay no F.I.C.A. taxes making it attractive for the elderly to continue to work if they desired.
Did you know that General Electric paid no taxes?
The plan to save our country must be drastic and sometimes even painful because we have run out of time and options because of this massive debt. The eventual day that China stops lending us any more money (and it's coming), our bonds will then finally become unattractive to the foreign investor thus causing the value of our dollar to drop so much that it becomes almost worthless, wiping away life savings of the majority of people in this country.
Folks, we will not be able to print ourselves out of this mess anymore, our food prices and many commodities are at an alarming inflammatory rise which will dramatically drown us in a spiraling economic decline with many unsuspecting people having absolutely NO clue that they are about to face an inevitable and fatal disaster.
The question is and should be, do our leaders have the will and the vision to do the unpopular and do what is necessary to save America? I fear not.
Beware America, WE HAVE A "CLEAR AND PRESENT DANGER"...............