Fact Check: Hard Steps Ahead to Reduce the Federal Deficit

A presidential commission had a wakeup call for the nation today, releasing a document that outlines the tough choices the country faces to reel in its runaway debt, now totaling almost $14 trillion. Two of the toughest choices involve Social Security and Medicare, programs that have long been considered so untouchable that they're known as the third rail of American politics. Watch "ABC World News with Diane Sawyer" for more on this story. So what are the facts on how the deficit can...Full Story
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