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Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.
"Current-law projections indicate that Medicare still faces a substantial financial shortfall that needs to be addressed with further legislation. Such legislation should be enacted sooner rather than ...
The go-broke dates for Medicare and Social Security’s trust funds have moved up as rising health care costs and new ...
Social Security is a cornerstone of retirement planning for millions of Americans, providing a vital safety net for seniors, ...