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  • Recession Drains Social Security, Medicare Sooner Than Forecast

    May 12th, 2009 - Bloomberg

    May 13 (Bloomberg) -- Medicare and Social Security, the twomain safety nets for American retirees, will account for morethan 17 percent of the nation’s output by 2083 if leftunchecked...

  • Recession hits Social Security hard

    May 12th, 2009 - CNNMoney

    NEW YORK (CNNMoney.com) -- The recession has taken its toll on Social Security. The officials who oversee the program forecast Tuesday that the Social Security trust fund will be exhausted by 2037 -- four years earlier than estimated last year.

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