Originally posted on MedicareNews

 

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To keep Social Security and Medicare from running out of money, the US will have to raise taxes, lower benefits, or cut other spending. Or it could boost immigration. [Original News Article] Related NewsNewsweek: How To Solve Medicare And Social Security – Let Them Go Bankrupt, SoonEconomic woes hurt U.S. Medicare, Social SecurityEconomic woes... 

Unable to make a sizable dent in unemployment, Democrats are on the political equivalent of a golden oldies tour, pledging support for Social Security, Medicare and other venerable programs while trying to stoke voter fears about Republican intentions. [Original News Article] Related NewsComptroller General Walker Warns About Increasing Medicare,... 

Medicare and Social Security trustees in Washington said Medicare’s financial picture had improved, while Social Security would go into the red this year. U.S. Treasury Secretary Timothy Geithner said the Patient Protection and Affordable Care Act, enacted by Congress and signed into law this year, would keep Medicare solvent for an additional... 

Social Security and Medicare deficits are actually worse than some projections because the forecasts are based on full employment. To fix these issues involves either benefit reductions or significantly higher funding. [Original News Article]  Read More →

LONG HILL TWP. â” A Social Security card and Medicare card was stolen from the purse of a woman from Bernards Township while she was shopping at the Shop Rite on Valley Road, Stirling, according to a complaint filed at 1:03 p.m., Monday, Aug. 16, police said. [Original News Article] Related NewsMeasure Would Remove Beneficiaries’  Read More →

Will retiring baby boomers benefit from Social Security and Medicare at the expense of younger generations? Not according to a new study from UC Berkeley, which concludes that younger Americans are actually getting the better deal, when the value of public education is factored in as an intergenerational entitlement program. [Original News Article]... 

This has to be seen to be believed. Republican congressman Paul Ryan gives the President a six-minute lecture on his own plan. My bet is that Obama hasn’t heard this much detail about it from his own advisors, and his expression suggests that he doesn’t much care for it. Among other things, Ryan says: This bill does not control costs.... 

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