It seems like just weeks ago that Cypress and Dunheap were telling me that this is no crisis, no reason to fix SS existed and we were insane to think that it may need some adjustments, that Medicare was efficiently ran and nearly perfect... *sigh*
http://news.bbc.co.uk/2/hi/business/8047355.stm
The US social security and Medicare system, which provide pensions and health care for older people,are set to run out of money sooner than expected.
New estimates show that the Medicare trust fund, which pays for hospital care, will run out of money by 2017, and is already running at a deficit.
Social security funds for pensions will be exhausted by 2037, four years earlier than previously projected.
More at link...
http://news.bbc.co.uk/2/hi/business/8047355.stm
The US social security and Medicare system, which provide pensions and health care for older people,are set to run out of money sooner than expected.
New estimates show that the Medicare trust fund, which pays for hospital care, will run out of money by 2017, and is already running at a deficit.
Social security funds for pensions will be exhausted by 2037, four years earlier than previously projected.
More at link...