And Medicare is already, as of this year, paying out more than it takes in, according to the report.
On 5/2/06, Gruss Gott <[EMAIL PROTECTED]> wrote: > > Social Security, Medicare to run out sooner > By Jeanne Sahadi > May 1, 2006: 6:07 PM EDT > > NEW YORK (CNNMoney.com) - The trustees of Social Security and Medicare > now estimate that the Social Security trust fund will be exhausted in > 2040 while the Medicare trust fund will be depleted in 2018, slightly > sooner than previously forecast. > > Those projections are part of the trustees' 2006 annual report, which > was released Monday afternoon, roughly a month after its original due > date. > > In their annual report last year, the trustees estimated the trust > fund for Social Security would run out by 2041 and the one for > Medicare in 2020. > > > http://money.cnn.com/2006/05/01/retirement/SStrustees_2006report/index.htm > -- --------------- Robert Munn www.funkymojo.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:206135 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54