In about a dozen years, Social Security won’t be able to pay out its promised benefits. Medicare won't be able to do so in just five years. Here’s a breakdown of the dilemma and the potential fixes for the programs.
President Joe Biden speaks about his administration's plans to protect Social Security and Medicare and lower healthcare costs, Feb. 9, 2023, at the University of Tampa in Tampa, Fla. It seems like no one wants to cut Social Security or Medicare benefits, including Biden, who is already telling voters that his upcoming federal budget proposal will “defend and strengthen” the programs.
President Joe Biden speaks about his administration's plans to protect Social Security and Medicare and lower healthcare costs, Feb. 9, 2023, at the University of Tampa in Tampa, Fla. It seems like no one wants to cut Social Security or Medicare benefits, including Biden, who is already telling voters that his upcoming federal budget proposal will “defend and strengthen” the programs.
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Social Security and Medicare: Troubling math, tough politicsIt seems no one wants to cut Social Security or Medicare benefits
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Social Security and Medicare: Troubling math, tough politicsSocial Security won't be able to pay out its promised benefits in about a dozen years, while Medicare won't be able to do so in just five years.
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Social Security and Medicare: Troubling math, tough politicsSocial Security won't be able to pay out its promised benefits in about a dozen years, while Medicare won't be able to do so in just five years.
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Social Security and Medicare: Troubling math, tough politicsSocial Security won't be able to pay out its promised benefits in about a dozen years, while Medicare won't be able to do so in just five years.
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Social Security and Medicare: Where Republicans and Democrats StandThe unusual back and forth between President Joe Biden and Republican lawmakers on live television during the recent State of the Union address kicked off a high-stakes political debate about repairing Social Security and Medicare. The noisy exchange — provoked by Biden’s charge that some Republicans want to “sunset” Medicare and Social Security — may have left viewers wondering where politicians stand on fixing these critical programs, which face financial problems in the years ahead. Theatrics
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GOP tries to neutralize Democrats’ attacks on Medicare and Social SecurityRepublicans are hoping to disarm one of Democrats' most recent, and possibly potent, attacks: that the GOP wants to cut Medicare and Social Security.
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