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Social Security, Medicare running out of money faster than expected.(Inside Track)(Brief article)

The New American

| June 08, 2009 | COPYRIGHT 2009 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Social Security and Medicare, Big Government's two most cherished social-welfare programs, are running out of money far faster than expected, thanks to the persistent economic downturn. Medicare, which is already running a deficit, will run out of money by 2017, while Social Security will be broke 20 years after that, according to new estimates released on May 12 by the Social Security Board of Trustees.

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