In their latest updates on Social Security and Medicare, the trustees for the programs include data that show the growing strain they will put on the rest of the federal budget unless Washington can agree on a long-term fiscal sustainability…
The trustees of Medicare and Social Security issued their annual reports last week, providing further evidence of the need for substantial reforms of the big entitlement programs that make up over a third of the federal budget.As in past years,…
Trustees of the Social Security system have long warned that as more and more baby boomers retired, Social Security would eventually start sending out more money in benefits than it was collecting from its payroll tax. At that point the…