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Apr 24, 2020
Social Security and Medicare Faced Serious Shortfalls Even Before the Coronavirus
Social Security and Medicare are facing serious financial difficulty in the near future.
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Social Security and Medicare are facing serious financial difficulty in the near future.
Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
https://www.pgpf.org/budget-basics/how-does-social-security-work
Four analyses project a more rapid depletion of Social Security trust funds as a result of coronavirus, outpacing previous depletion projections. Get the details.