Multi-source, but not reform

Glossary of difficult words

multi-source/multiple-source - (in this context) financed from more than one revenue or tax source;

to jack up - to raise (prices, interest rates, etc.);

double-talk - deliberately ambiguous or evasive language;

pay-as-you-go - meaning that current taxpayers fund the pensions of existing retirees and not their own retirement;

soothsayer - a person supposed to be able to foresee the future;

to deduce - to draw as a logical conclusion;

hike - increase;

to cover your hide/ass - to divert or avoid blame by taking precautions.