Social Security and Medicare will run out of money in just over a decade, a new report warned Monday, putting fresh pressure on Congress to address the nation’s financial health as federal debt rises and the population ages.
Democracy Dies in Darkness
Social Security and Medicare finances look grim as overall debt piles up
A hot job market means the programs won’t run out of money as fast as once feared, but projections are still bleak.
By Jacob Bogage
and Updated May 6, 2024 at 6:27 p.m. EDT|Published May 6, 2024 at 7:52 a.m. EDT