The first, between Treasury debt and unfunded liabilities, is provided by the trust funds of Social Security, Medicare, and other, smaller federal insurance programs. These permit the illusion that the shaky fiscal status of social insurance has no direct effect on the government’s formal debt. But according to the latest intermediate projections of the Trustees, the Hospital Insurance (HI-Medicare Part A) trust fund will be out of money in 2024, and the Social Security (OASDI) trust funds will run out in 2036. The pessimistic projections have Hospital Insurance empty by 2017 and Social Security by 2030. 2
If you want to change selection, open document below and click on "Move attachment"
- (no access) - Why A US Default is Likely Hummel, p3
|status||not read|| ||reprioritisations|
|last reprioritisation on|| ||suggested re-reading day|
|started reading on|| ||finished reading on|