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Resource ID: #23401
Subject: Government
Source: CBS News 60 Minutes
Date: 03/04/2007



Medicare and health cost derived from the baby-boomer generation are driving the U.S. governments debts. "According to Government Accountability Office projections, if the federal government stays the course and makes no major changes in programs or taxes, it will be able to do little more than pay interest on its debts in just 30 years."

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