Chart of the day

From CBPP (who really know how to bring the graphs) via Ezra:

8-13-10socsec-f1.jpg

“The revenue loss over the next 75 years just from extending the tax cuts for people making over $250,000 — the top 2 percent of Americans — would be about as large as the entire Social Security shortfall over this period,” write Kathy Ruffing and Paul N. Van de Water at the Center on Budget and Policy Priorities. “Members of Congress cannot simultaneously claim that the tax cuts for people at the top are affordable while the Social Security shortfall constitutes a dire fiscal threat.”

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About Steve Greene
Professor of Political Science at NC State http://faculty.chass.ncsu.edu/shgreene

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