According to a detailed study by the Employee Benefit and Research Institute (EBRI), the lowest-earning 25 percent of Americans would have to work until age 84 so that 90 percent of them would have even a 50-50 chance of having enough money to afford basic living expenses and out-of-pocket medical care.

• "We are running deficits in the trillions of dollars, not the hundreds of billions of dollars we are being told."  Sheila Weinberg, Chief Executive of the Institute for Truth in Accounting of Chicago.

    Taxpayers are on the hook for a record $57.3 trillion in federal liabilities to cover the lifetime benefits of everyone eligible for Medicare, Social Security and other government programs (USA Today, "Bill for Taxpayers Swells by Trillions," by Dennis Cauchon, May 19, 2008).

• Taxes will INCREASE drastically in the future.

    If our debt is almost six times worse than we thought, and the government's only source of revenue to combat this debt is taxation, then taxes will definitely increase drastically in the future to cover this up.