Medicare and Social Security will go bust sooner than previously thought, as a slow-growing...

|By:, SA News Editor

Medicare and Social Security will go bust sooner than previously thought, as a slow-growing economy saps revenues, a new report says. Trustees say the Medicare trust fund is projected to exhaust its funds in 2024, not 2029 as estimated last year, and Social Security will run out of money in 2036, not 2037.