The Financial Outlook for Social Security and Medicare (Congressional Research Service)

The Financial Outlook for Social Security and Medicare

Congressional Research Service

....The combined expenditures of Social Security and Medicare are now higher than
the taxes and premiums collected to support them, and even with this recent
improvement in the two programs’ condition, their expenditures are projected to remain
higher than their receipts indefinitely. While their income is projected to hover around
7% of the gross domestic product (GDP) well into the future, their cost would rise from
7% today to 12% in 2025......




Congressional Research Service

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