“… Start with Social Security. This year, the system’s trustees pegged its official 'insolvency' date at 2034, the same as in last year’s report. Unfortunately for those under age 51, of course, we are now a year closer to that date than we were a year ago. And unless something changes dramatically between now and then, current law will require benefits to be slashed by 21 percent at that point. But focusing on that top-line number badly understates Social Security’s real problems. … And that’s the good news. Medicare is in even worse shape.”
Read the full article on: National Review