Governmental Accounting class

Current matters and resources related to an improved understanding of governmental accounting at the national, state, and local level. Also matters related to the accounting of Nonprofits are included.

Monday, October 31, 2011

Social Security goes cash negative earlier than expected

yes this year, and possibly 5X more the amount in 2012 with changes proposed.
  http://www.theatlanticwire.com/politics/2011/10/social-security-story-s-driving-liberals-crazy/44324/

http://www.businessinsider.com/washington-post-discards-all-journalistic-standards-in-attack-on-social-security-2011-10

http://www.washingtonpost.com/business/economy/the-debt-fallout-how-social-security-went-cash-negative-earlier-than-expected/2011/10/27/gIQACm1QTM_story.html
Carol at 8:14 AM

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