,Medicare and Social Security: Big Entitlement Costs on the Horizon

Medicare and Social Security: Big Entitlement Costs on the Horizon


 

Publication Date: May 2006

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): David C. John; Robert E. Moffit

Research Area: Banking and finance

Keywords: Budget; Medicare; Social security; trust funds

Type: Brief

Abstract:

Social Security and Medicare have promised $37 trillion more in benefits to senior and disabled workers than the programs will be able to pay.