Financial Outlook Dims for Social Security - Breaking News Allvoices

News Stories Related To: Financial Outlook Dims for Social Security

Los Angeles : CA : USA | 1 year ago  
The annual report by the trustees for the two federal programs estimated that the Social Security trust funds would be exhausted in 2033, three years earlier than the trustees projected...
    • Clear
    • Share:
    • Share
    • Clear
    • Clear
    • Clear
    • Clear
     
  • Read full report
Reach Credibility Credibility of 5

Related news stories

  • Social Security's financial health worsens

    United Press International | 1 year ago
    Social Security is sliding to insolvency at an increasing rate and Medicare is stable but ultimately untenable, Social Security and Medicare trustees said. "Lawmakers should not delay addressing the long-run financial challenges facing Social...
  • Social Security's financial forecast gets darker; Medicare's outlook ...

    Washington Post | 1 year ago
    The Washington Post Surging energy prices and a slower-than-expected economic recovery have worsened the financial outlook for Social Security compared with last year, while the picture for Medicare remains grim but essentially unchanged, according...
  • Trustees report Social Security outlook worsening

    USA Today | 1 year ago
    The Medicare and Social Security trust funds are both on "unsustainable paths" as they have been for years and will be exhausted by 2024 and 2033, respectively, a trustee report released Monday said. "The projections in this year's report are...
  • Social Security, Medicare Reaction Reflects Partisan, Election-Year Divide

    National Public Radio | 1 year ago
    Like a mirror that reflects one's ideology back at the viewer, and no more so than during a general-election year, the political players saw what they wanted, and what they thought was most politically useful to their side, in the reports Monday by...
  • Trustees warn of looming insolvency for Social Security, Medicare

    Los Angeles Times | 1 year ago
    The nation's Social Security and Medicare programs are sliding closer to insolvency, the federal government warned Monday in a new report underscoring the fiscal challenges facing the two mammoth retirement programs as baby boomers begin to retire.
  • US public pension system will exhaust its reserves

    The Economic Times | 1 year ago
    Projections show that Social Security, which currently sends crucial retirement and disability payments to about 55 million people, will not be able to meet all of its obligations to Americans 21 years from now. While the assets of the Social...
  • Social Security and Medicare running out of money faster than projected

    The Guardian | 1 year ago
    Win Mcnamee/Getty Images The trustees of the Social Security and Medicare trust funds issued a dire warning about the future of the programs on Monday...In 2011, 44.8 million Americans received benefits from the fund, up 1 million over the previous...


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2013. All rights reserved.