Highlighting the fiscal problems posed by growing health costs and an aging population, the trustees of Medicare estimated Monday that the program will only be able to pay a portion of promised benefits starting in 2024.
That's the same year the trustees had estimated a year ago.
Every year the Medicare trustees, who also oversee Social Security, release an annual report on both programs' long-term financial outlook.
BREAKING: Senate Judiciary Committee Approves Gang of Eight Immigration Reform Bill | Daniel Doherty
Whoa: US Hasn't Detained Five Benghazi Terrorists Due to Trial-Related Evidentiary Concerns | Guy Benson
Baucus & Hatch Grill IRS Commissioners Who Don't Know Anything: "That's A Lie By Omission" | Greg Hengler