Social Security and Medicare Seen Failing Faster

Social Security and Medicare Seen Failing Faster
http://www.foxnews.com/politics/2009/05/12/social-security-medicare-seen-failing-faster/

The financial health of the government's two biggest benefit programs may have slipped over the past year. The recession that we are currently having now is already have bitten into our other areas of the budget. "About a year ago trustees have projected that the Social Security trust fund would start paying out more in benefits than it collects in taxes in 2017 and that the trust fund would be depleted in 2041." This meaning that everyone who put into the social security fund would basically lose it by 2041 no matter how much money you put in it because of the government using all the money now in this recession. They have recently found out the medicare fund which is more urgent is about to deplete in 2019. I choose this article because when i want to retire after being a state trooper i want to have money from social security to support my family but from what the economy is coming too it seems like it wont happen that way. I really don't agree with the article at all because its going to effect me in the long run and my stability. The information was present fairly and straigth forward and i would defiantly use this source "foxnews.com" again

By:Tyler Reyes