The Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds (read: Social Security) released their annual report yesterday. It must be absolutely disturbing to prompt these remarks from Treasury Secretary Henry Paulson: Without change, rising costs will drive government spending to unprecedented levels, consume nearly all projected federal revenues, and threaten America's future prosperity. I urge my friends in Congress to join me in a bipartisan effort to strengthen both programs for future retirees.

Peter Orszag, speaking at a conference on budget issues held by the Committee for a Responsible Federal Budget, gets the real long-term fiscal problem (emph. mine). ...the floor was given to CBO director Peter Orszag, who made the following three points.

Writing for the commie-pinko Washington Monthly, Philip Longman, a fellow at the unabashedly socialist New America Foundation, has foreseen the end of the capitalist health care market and the coming of socialized medicine in America.

Earlier this afternoon, the New York Times published information about Social Security numbers being disclosed for many years by the government in unique identifiers for certain financial transactions (Read the NYTs story). This was discovered by a user of our FedSpending.org, an online service providing information about government spending that includes a government database that had the personally identifiable information.