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Old 05-02-2006, 07:10 AM
CrimsonTide4 CrimsonTide4 is offline
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I heard this on the radio this morning. . .

Social Security Financial Health Declining

EXCERPT:

The annual trustees' report moved up the date that the Social Security trust fund will be depleted by one year to 2040 and moved up the date that the Medicare hospital insurance trust fund will be depleted by two years to 2018.

The problems in Medicare were depicted as far more serious because of the skyrocketing costs of health care, but the trustees presented a somber assessment of both programs facing the looming retirement of 78 million baby boomers.




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