Opinion: Why the latest warnings about cuts to Social Security and Medicare are a reason to worry

You’ve spent a lifetime paying into Social Security, but there’s no guarantee that you’ll get out of it what you’ve put in.
Social Security Be The For Me

Photo By: Jacobs Dream

Paul Brandus

You’ve spent a lifetime paying into Social Security, but there’s no guarantee that you’ll get out of it what you’ve put in.

In fact, the way things are looking today, the odds aren’t looking too good.

The federal government earlier this year admitted that for the first time since 1982, it needs to dip into Social Security’s trust fund to pay for the program this year. You can interpret this as a warning that—absent action from lawmakers and this or the next few presidents to prop up the system—things could soon get worse—perhaps a lot worse.

Read more

Share on facebook
Share on twitter
Share on linkedin

More Posts

The Increase

The increase

And the man increased exceedingly, and had much cattle, and maidservants, and menservants, and camels, and asses.

Categories

Send Us A Message