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...
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...
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...
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...
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.
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...
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...