Now the government is updating its projections - if you can believe them - and the insolvency of Medicare and Social Security will arrive just a bit sooner than expected: starting in 2018 for disabled recipients of SS benefits, and 2036 for seniors.
http://www.businessweek.com/news/201...-u-s-says.html
Max Baucus and company suggest we should kick the can down the road - no need to take any action at this time, we can deal with it later. Its more important to secure and continue paying benefits for today's beneficiaries.
Paul Ryan and company say that this further underscores the need to fix or reconstitute these programs today to secure a level of benefits that are sustainable.
Who's right?