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Ronald Reygan President Foundation Director Daniel Rothschild, Americans ‘Varney & Co.’ discusses how they feel with potential social security increases
Guardians for Social Security And Medicare has released its annual reports on the status of legal funds expected to be depleted earlier than previously thought.
Social Security and Medicare Trustees “The Social Security and Medicare programs also found that there are significant funding problems.”
Trustees will be able to pay up to 100% planned benefits of the elderly and healthy insurance of social security and age and healthy insurance (oas) and secure funds to 100% by 2034. Compared to the last year, the dates of exhaustary for both calendar neighborhoods for both social security trust funds.
During 2034, trust funds will be able to pay only 81% of the planned benefits, ie the social security recipients will automatically reduce one compulsory 19%. Because Benefits of Social Security Trust funds are only financed by the combination of salary taxes with trust funds that only trust with tax revenues of reliable funds.
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Social Security and Medicare would see forced benefits if trusted funds were exhausted. (ITOK / ISTOCK)
For comparison, the average monthly social security benefits of 2025 was $ 1,976 Social Security Department (SSA) data. 19% will reduce $ 376 per incision, reduction of payment for $ 1,600 per month.
Medicare hospital insurance (Hello) Trust Foundation, in 2033, in the opinion of the guardians, expected to exhaust 3 years ago from last year. At that time, 89% of the planned benefits will be paid, and payments will be reduced by 11% in previous levels.
“Guardians recommend that the properties of the Projected Trust Foundation to recommend the phase and conduct of employees and employees and employees and their advantages to apply on time to apply for their expectations and behavior.
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Social security recipients, if trusted funds are exhausted, 19% benefit. (Universal Images Group via Jeffrey Greenberg / Education Images / Getty Images)
“Informed discussions, creative thinking and timely legislative action, social security and drug can continue to protect future generations,” guardians.
Social Security and Medicare are Trust Funds Facing exhaustion Compared to the previous decades, the American population has changed because the employees have changed their retirees.
The number of employees who reported SSA’s information was 8.6 employees for the beneficiary tax payments as 1955. This number decreased by 2.8 to 2.8 for the aging of the population.
The federal deficiency continues to grow and has a congress budget management solution
Medicare Hospital Insurance Trust Foundation will require 11% benefit cutting. (Kayla Bartkowski / Getty Images / Getty Images)
“Social Security and Medicare will not be able to fully benefit the current retire – when today’s 59-year-old children reached 70 of the youngest retirees, the President of the Liability Federal Budget Committee on Nonsu.
“Where is the feeling of practice?
“When it comes to social security and Medicare, it was time to start the truth. We are gradually running in changes, and prevent hard cuts, acute tax growth or unacceptable debts,” the macguineas was added. “Demination of this issue may be politically expedient, but the resulting program will prove destructive for ten million Americans who rely on programs.”
AARP CEO Myechia Mine-Jordan said in a statement that Americans can trust social security and Medicare in retiring of Americans and Called to Congress Take steps to protect programs.
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“AARP members and national Americans are consistently said that social security and the future of Medicare are the most concerned issues and are ready to hold politicians on party lines to strengthen these programs for a long time,” he said. Minter-Jordan.