Listening
Gold Member
- Aug 27, 2011
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I figured there would be at least four or five threads on this already.
Did I miss something ?
http://abcnews.go.com/blogs/politic...-medicare-could-run-out-sooner-than-expected/
Social Securitys retirement and disability programs have enough funds to cover the next 20 years, but that could change come 2033.
Every year the Social Security Board of Trustees releases its report outlining the stability and financial security of the two biggest federal programs in the United States, Social Security and Medicare.
This years report says that because of an increase in pressure on these programs Americans are living longer and the baby boomers are beginning to collect funds could run out sooner than expected. In addition, the slow-rebound of the economy and high energy prices are leading to a quicker deterioration of the trusts that fund Social Security.
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So there is always reading between the lines.
I'll wait to hear what was left out of the report before making any further comments.
Did I miss something ?
http://abcnews.go.com/blogs/politic...-medicare-could-run-out-sooner-than-expected/
Social Securitys retirement and disability programs have enough funds to cover the next 20 years, but that could change come 2033.
Every year the Social Security Board of Trustees releases its report outlining the stability and financial security of the two biggest federal programs in the United States, Social Security and Medicare.
This years report says that because of an increase in pressure on these programs Americans are living longer and the baby boomers are beginning to collect funds could run out sooner than expected. In addition, the slow-rebound of the economy and high energy prices are leading to a quicker deterioration of the trusts that fund Social Security.
*****************************
So there is always reading between the lines.
I'll wait to hear what was left out of the report before making any further comments.