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发帖数: 673 | 1 Medicare To Be Broke By 2024, 5-Years Sooner Than Expected (Social Security
in 2036)
Business Insider ^ | 05/13/2011 | Joe Weisenthal
Posted on Friday, May 13, 2011 11:07:38 AM by SeekAndFind
Just out from the Trustee that oversees entitlements.
The two big government entitlement programs, Medicare and Social Security,
are going broke sooner than expected.
From C-SPAN:
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The Medicare and Social Security Trustees report says Social Security and
Medicare will run out of money sooner than anticipated. The annual report,
which provides an update on the solvency and cost of the two entitlement
programs, blames the sluggish economy for the changes.
The Hospital Insurance fund, which pays for hospital stays will run out in
2024, which is five years earlier than last year's report anticipated. The
Social Security Trust Fund, which enables the payout of full benefits, will
be exhausted in 2036.
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Obviously this makes the debt ceiling fight even tougher, since it should
embolden those who want to make major structural reforms a part of the deal.
(Excerpt) Read more at businessinsider.com ...
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