Wednesday, May 13, 2009

Recession Hurting Social Security, Medicare

The 2009 Social Security and Medicare Trustees report released Tuesday showed the funds will be exhausted a couple of years sooner than expected. That’s largely because high unemployment rates mean a lower level of payroll tax receipts being paid in to both programs. David Wessel of The Wall Street Journal talks with Steve Inskeep about the financial future of the programs.

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