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  • Trustees Report

    Morning Bell: Obamacare's Negative Impact on Seniors

    The Medicare program that provides health insurance to seniors faces a dire financial future. And Obamacare is making it worse. Medicare’s Part A trust fund is projected to be insolvent by 2026 and the total program has a long-term unfunded obligation of more than $35 trillion. This means the government … More

    Medicare Trustees Report Gives Seniors, Taxpayers a Bleak Future

    The 2013 Medicare trustees report reconfirms a basic fact: Seniors and taxpayers face a bleak future. The trustees project that Medicare’s share of the economy will almost triple over the next 75 years, forcing higher taxes to pay for an ever growing program. The recent slowdown in health care spending … More

    Medicare’s Deteriorating Financial Condition

    The just released 2011 Medicare trustees report does not contain any big surprises. Much of what the trustees say in this report they have said before: Medicare poses enormous challenges for patients and taxpayers alike, and its financial condition continues a downward slide. Some key findings: Medicare’s unfunded obligations increased … More

    Trustees Show Permanent Deficits for Social Security

    How Will This Report Affect the Social Security Debate? The debate about whether Social Security faces a problem and needs to be fixed is over. The 2011 trustees report, which was released this afternoon, shows that the program already faces massive permanent annual deficits. In 2010, Social Security spent $49 … More