The National Desk: Medicare & Social Security Face $175T Shortfall, Risking Future Generations 49_TND_medicare_and_ss

March 2, 2024 10:39 AM


Full article published at The National Desk

Medicare and Social Security are in big trouble as it is now underfunded by a staggering $175 trillion, according to a new report from the U.S. Treasury Department.

Medicare and Social Security are expected to fall short of paying full benefits within the next decade. Issues such as inflation and economic output are contributing to the strain on these funds as not enough money is coming in to sustain them.


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