have been discussed and now the issue about how to revise and fix these problems must be firmly addressed by the Government in its all-knowing, all-powerful stature. The Federal Budget for the US Government for the Fiscal Year of 1998 and it's supplements address the aforementioned problems but state no incipient actions to solve any grievances or future obstacles, as predicted by the Office of Management and Budget, the Congressional Budget Office and many other private organizations, including Dow Jones (OMB, Budget - Perspectives 23-31). The 1998 Budget section for Social Security reports that all of the segments of the OASDI Trust Funds would be all be insolvent by 2029, "but it does not constitute an imminent crisis" because the Social Security Trustees measure the Administration's well-being for a period of 75 years. Obviously the baby-boomer and generation-X generations are in danger of not receiving Social Security benefits being paid in taxes right now. Unofficial proposals by legislators and leading financial experts have been proposing solutions for many years now, but they either do not have the power to introduce them or are politically apprehensive. These proposals include, but are not limited to, privatization of social security in stocks, Personal Security Accounts (PSAs), raising taxes - lowering benefits, Cost of Living Adjustments (COLAs), and abolishment of many Social Security benefits. The most controversial and popular proposition offered has been that of privatization of some parts of the social security system. By this approach the government would invest 40% of the Social Security surplus into Wall Street on numerous private and public stocks. This would give Rose 4 the Administration "a $1.3 trillion stake in Corporate America by 2020" (McNamee, How We Should...). This system would allow workers to also invest at least 11% of payroll taxes in their own accounts. Under the boldest plan, proposed by the Clinton ...
