Social Security and Medicare Projections: 2009
Publication Date: June 2009
Publisher: National Center for Policy Analysis (U.S.)
Author(s): Pamela Villarreal
Research Area: Banking and finance; Health; Population and demographics
Keywords: trustees report; pay as you go; social security; medicare
Type: Brief
Coverage: United States
Abstract:
The 2009 Social Security and Medicare Trustees Reports show the combined unfunded liability of these two programs has reached nearly $107 trillion in today's dollars! That is about seven times the size of the U.S. economy and 10 times the size of the outstanding national debt.
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