“Political Insights from the 2026 Social Security and Medicare Trustees’ Reports,” by Mark J. Warshawsky, AEI
Quote:
“Last week, the Trustees issued their annual Reports on the financial status of the Social Security and Medicare programs, reflecting changes in law, policy, costs, and economic and demographic conditions and assumptions since last year. Media attention was on the exhaustion dates of the relevant Trust Funds (2032 for the retirement and survivors’ portion of Social Security and 2033 for the hospital insurance portion of Medicare) and on the automatic benefit cuts projected to occur then if Congress does not act: 22 percent and 11 percent, respectively. Yet, the reports contain other information that may be just as significant to policymakers and the public.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
If you click through, Warshawsky delivers the rest of the story about Social Security and Medicare insolvency.