Sunday, June 2, 2013

Social Security and Medicare Reports Little Changed From 2012

From Dean Baker:
"The 2013 Social Security and Medicare Trustees’ reports were little changed from 2012. The Social Security Trustees report showed a slightly larger shortfall over its 75-year planning horizon, with the projected shortfall rising from 2.67 percent of payroll in the 2012 report to 2.73 percent of payroll in the newest report. The reason for this small increase was the change in the 75 years covered with 2087 replacing 2012 in the projection period" (rest - see here).

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