The Future of America’s Entitlements: What You Need to Know About the Medicare Trustees Report

Last week, the Medicare Trustees issued their annual report detailing the financial state of America’s entitlement programs. The report confirmed what many Americans know: Medicare and Social Security are going bankrupt – quickly. At its current pace, Medicare will be bankrupt in 2024 and Social Security in 2033.

A deeper look at the data proves just how broken our current entitlement programs are. An American Action Forum analysis of the data found other startling statistics, including: 


• Medicare’s Annual Cash Shortfall in 2011 was $288.3 billion
• Payroll taxes would have to increase 31% to pay for Medicare Part A just this year
• Over the next 75 years, Social Security will owe nearly $9 trillion more than it is   projected to take in

What You Need to Know About the Medicare Trustees Report includes one-pagers and relevant statistics on:

• The solvency of Medicare
• President Obama’s stewardship of Medicare
• The solvency of the Social Security Trust Fund
• The solvency of the Social Security Disability Insurance (DI) program
• The solvency of the Social Security Old-age and Survivors Insurance (OASI) Program