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June 28, 2009

Tough Economic Times Even Hit Uncle Sam in the Pocketbook

By Stacy Whelchel

Touch economic times story photo

Many of us grew up believing that Social Security and Medicare would be there for our “golden years,” providing a dependable financial safety net. Later, we were told the two federal programs were in trouble, but expected to be in tact for decades.

Now that may not be so, according to a recent Associated Press story that warns the two government programs are wilting away faster than expected under the weight of the collapsing economy.

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