Trustees Warn Medicare’s Financial Problems Worsening, Social Security Insolvent In 2034

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WASHINGTON (AP) – The government says Medicare’s financial problems are getting worse and Social Security’s can’t be ignored.
Tuesday’s report from program trustees says Medicare’s giant trust fund for inpatient care won’t be able to cover projected medical bills starting in 2026, three years earlier than previously expected. Social Security will become insolvent in 2034 – no change.
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