January 24, 2011
The Post wrongly told readers in a front page news story that “budget analysts across the political spectrum agree that popular Medicare and Social Security programs will have to be overhauled to truly cure the nation’s ills.” This is not true.
For example, a book that was co-authored by Peter Orszag, who had been President Obama’s director of the Office of Management and Budget, and Peter Diamond, a Nobel Laureate and Obama nominee to Fed, suggests relatively modest changes to Social Security. In fact, virtually all budget analysts across the political spectrum agree that the shortfall in the Social Security program is relatively minor.
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