WHAT A DIFFERENCE A YEAR MAKES

The chickens have come home to roost.

2008: Peter Orzag, director of the Congressional Budget Office from January 2007 to November 2008: “deficits in Social Security would not come until 2019.”

2009: Peter Orszag, director of the [White House] Office of Management and Budget, member of the Obama Cabinet: “the CBO has determined that Social Security will run cash deficits next year and in 2011, and by 2016 will be more or less in permanent deficit mode.”

At least I’ll get (some of) mine. Tough luck for the rest of you.