Current Events 2006 in Medicaid and Social Security decisions in the Legislature
Date Submitted: 09/10/2006 05:19:03
Crutsinger, Martin, AP Economics Writer. "Social Security, Medicare Trust Funds <Tab/>Sink".Http://news.yahoo.com/s/ap/social_security;_ylt=AnVFL3PRI0hn2_h0PUu<Tab/>z3Jes0NUE;_ylu... 5/1/06
In Washington, the trustees for the government's two benefit programs said Monday that the trust fund for social security will be depleted in 2040, a year earlier than expected, while the Medicare will exhaust its funds just 12
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other intentions. This is a true problem, with the rising of medical costs and the upcoming 78 million baby boomers. I thought this would be an interesting issue to look into since this is similar to what we are and have discussed in class. I hope that the solution won't solely rely on individuals, like the youth, to start saving money on the side specifically for this issue because I don't see it as being feasible.
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