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Reply #64: Medicare, Social Security finance outlook worsens [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-13-11 11:26 AM
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64. Medicare, Social Security finance outlook worsens
http://www.marketwatch.com/story/medicare-social-security-finance-outlook-worsens-2011-05-13

WASHINGTON (MarketWatch) - The outlook for Medicare's finances have worsened on a slow economic recovery and higher costs, while the outlook for Social Security has also declined, trustees for the programs said Friday. Medicare's Hospital Insurance Trust Fund is now expected to be exhausted in 2024 - five years sooner than projected last year.
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