{"id":112,"date":"2025-06-21T03:53:00","date_gmt":"2025-06-21T03:53:00","guid":{"rendered":"https:\/\/tomfarandasfolly.com\/?p=112"},"modified":"2025-09-27T21:05:48","modified_gmt":"2025-09-27T21:05:48","slug":"reviesed-numbers-social-security-and-medicare-both-now-go-broke-three-years-sooner","status":"publish","type":"post","link":"https:\/\/tomfarandasfolly.com\/?p=112","title":{"rendered":"Revised numbers: social security and medicare both now go broke three years sooner."},"content":{"rendered":"\n<p>Now 2033. Lots more if you hit the link.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"271\" height=\"186\" src=\"https:\/\/tomfarandasfolly.com\/wp-content\/uploads\/2025\/06\/6a00d834525a2f69e202c8d3d6617f200c-300wi.jpg\" alt=\"\" class=\"wp-image-11051\" title=\"Social security\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/apnews.com\/article\/social-security-medicare-trust-fund-trump-74e13292f510739724a555d7ded7c1a3\">WASHINGTON (AP) \u2014 The go-broke dates for Medicare and Social Security \u2018s trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have contributed to earlier projected depletion dates, according to an annual report released Wednesday.<\/a><\/p>\n\n\n\n<p>The go-broke date \u2014 or the date at which the programs will no longer have enough funds to pay full benefits \u2014 was pushed up to 2033 for Medicare\u2019s hospital insurance trust fund, according to the new report from the programs\u2019 trustees. Last year\u2019s <span class=\"LinkEnhancement\"><a class=\"Link AnClick-LinkEnhancement\" data-gtm-enhancement-style=\"LinkEnhancementA\" href=\"https:\/\/apnews.com\/article\/social-security-medicare-entitlements-treasury-35a2913a3f21a3b0ff40f2c88cbf9cbc\">report<\/a><\/span> put the go-broke date at 2036.<\/p>\n\n\n\n<p>Meanwhile, Social Security\u2019s trust funds \u2014 which cover old age and disability recipients \u2014 will be unable to pay full benefits beginning in 2034, instead of last year\u2019s estimate of 2035. After that point, Social Security would only be able to pay 81% of benefits.<\/p>\n\n\n\n<p>The trustees say the latest findings show the urgency of needed changes to the programs, which have faced dire financial projections for decades. But making changes to the programs has long been politically unpopular, and lawmakers have repeatedly kicked Social Security and Medicare\u2019s troubling math to the next generation.<\/p>\n\n\n\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now 2033. Lots more if you hit the link. WASHINGTON (AP) \u2014 The go-broke dates for Medicare and Social Security \u2018s trust funds have moved up as rising health care costs and new legislation affecting Social Security benefits have contributed to earlier projected depletion dates, according to an annual report released Wednesday. The go-broke date [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-112","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=112"}],"version-history":[{"count":2,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/112\/revisions"}],"predecessor-version":[{"id":11052,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/112\/revisions\/11052"}],"wp:attachment":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}