Dems Still in Denial on Entitlements Doom

The political class may lack the will to deal with impending doom of the two largest entitlements in the federal budget, but that doesn’t mean that the clock isn’t ticking until the moment when both Medicare and Social Security will run out of money. The annual reports of the trustees of these two federal programs were released this afternoon, and the verdict is just a bit darker than last year’s report. According to the figures, the Social Security trust fund will be exhausted in 2033, three full years earlier than last year’s estimate. The news about Medicare was no worse than 12 months ago but was already bad enough. It will collapse in 2024.

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Dems Still in Denial on Entitlements Doom

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