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Social Security & Medicare Funding Could Fall Short

Social Security & Medicare Funding Could Fall Short

Photo: WNAX


The recent report on the financial status of Social Security and Medicare point out that both funds will run into problems, unless Congress makes changes.
The report shows that Social Security payments will have to be reduced in 2034, and the Medicare hospital trust fund will be depleted in 2026.

South Dakota Senator Mike Rounds says most Members of Congress don’t recognize the problems in the making…..

Rounds says he has made several suggestions to protect both programs……

Rounds says making changes to Social Security and Medicare doesn’t mean cutting benefits…..

Congress can make changes to the taxes paid in, or benefits paid out at any time to extend the life of both programs.

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