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


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