Social Security, Medicare Expected To Announce Huge Cash Shortfalls Today

The financial health of the government’s two biggest benefit programs may have slipped over the past year, reflecting the deep recession that has already bitten into other areas of the budget.

Associated Press

The trustees for Social Security and Medicare are scheduled to provide their annual report on the finances of both programs on Tuesday. In advance of the release, many private analysts said they expected both programs could run out of cash sooner than last predicted.

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http://www.foxnews.com/politics/20
09/05/12/social-security-medicare
-seen-failing-faster/

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