Social Security and Medicare gain years before benefit cuts

What arrived

Health Insurance And Social Security to have A little longer that previously forecast Before they run out of money, THANKS has weak unemployment And rising wages more lower expenses, administrators of THE two social well-being programs said Monday. Health insurance trust funds For hospital expenses will see It is reserves impoverished In 2036, five years later that projected last year, And Social Security combined retirement And disability funds will pay complete benefits until 2035, A year longer that expected.

WHO said What

THE report offers A "measure of GOOD news," but "Congress always needs has act" has avoid advantage cuts, Social Security Commissioner Martin O'Malley said THE Partner Press. With 71 million people receive Social Security benefits, "THE challenges are simply Also high has TO DO Nothing," AARP CEO Jo Anne Jenkins said.

What following?

Without Congress action, Social Security East projected has to start paid out 83% of benefits In 2035 And Health Insurance will pay out 89%. President Joe Biden said he won't allow cuts has benefits, suggesting unblock taxes on high incomes. A few Republicans to have propose Cut benefits Or breeding THE retirement age.

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