Social Security trust funds are projected to become insolvent over the next decade if lawmakers don’t take legislative action to preserve the health insurance program. If no action is taken, Social Security is set to become depleted by 2033.
If no action is taken, Social Security is set to become depleted by 2033 — one year earlier than previous estimates, according to the report. The most recent projections come as lawmakers remain split on how to fund the welfare program, and negotiations remain stalled over next year’s budget.“Lawmakers have many options for changes that would reduce or eliminate the long-term financing shortfalls,” the board wrote.
OASI and DI operate independently from Social Security as a whole but are included in projections as the two funds are considered to be representative of the program’s status as a whole.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Trustees Report Shows Social Security Expansion a 'Question of Values, Not Affordability''The trust funds are strong because most Americans contribute to them with every paycheck,' said one advocate. 'They could be even stronger if the wealthiest Americans paid their fair share.'
続きを読む »
Medicare, Social Security could fall short over next decadeAn annual report on Social Security and Medicare says the financial safety nets millions of older Americans rely on and millions more young people are counting on will run short on funds to pay full benefits within the next decade. The Social Security and Medicare trustees report says Medicare will be unable to pay full benefits for inpatient hospital visits and nursing home stays by 2031. Friday’s report says Social Security won’t have enough cash on hand to pay out full benefits just two years later. About 65 million older and disabled people are enrolled in both programs. The future of Social Security and Medicare has become a top political talking point.
続きを読む »
Social Security update: Direct payment worth up to $4,555 goes out to millions in 13 daysThe first of three rounds of Social Security retirement payments for April, worth up to $4,555, will be sent to recipients in 13 days. The first round of April's payments will go out on Wednesday, April 12.
続きを読む »
Social Security game lets you decide how to fund the programYou can now test drive solutions to the Social Security crisis from raising the retirement age to cutting benefits in a new Animal Crossing-like game
続きを読む »
Fox News Poll: 71% choose funding Social Security, Medicare over budget cutsMost voters see the national debt situation as a major problem but would rather continue funding entitlement programs than reduce the federal budget deficit.
続きを読む »
Social Security update: Direct payment worth $914 to arrive in one dayThe second of March's double Supplemental Security Income payments, worth $914 for individual filers, will be sent out to recipients Friday. The payment will be delivered on the last day of March.
続きを読む »