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[Opinion]

11/17/2006: Recognition of Entitlement Liabilities by the U.S. Government (TCSdaily.com via Cato Institute)

Excerpt: The new Congress faces an urgent need to reposition the big entitlement programs, Social Security and Medicare, on a sounder financial footing. With each passing year, these programs' massive fiscal imbalances grow larger, making it harder to solve the problem, but all the more necessary to do so.

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