The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday.
Still, officials warn that policy changes are needed lest the programs become unable to pay full benefits to retiring Americans.
All we need to do is get rid of the cap on income and it would immediately have more money than we need.
If someone makes more than the cap, they can afford to keep paying it
But that means the well off would be paying in; not just the poor.
What is this some sort of socialist financial security plan?
I’m making enough now that I hit the cap, and I’m annoyed by it. I don’t need social security, but the less fortunate do. It’s so backwards. I should be paying more into it.
Billionaires should be putting millions into SS every year. It’s outrageous that that’s not happening.