Projected long-range costs for both Medicare and Social Security are not sustainable with currently scheduled financing and will require legislative action to avoid disruptive consequences for beneficiaries and taxpayers. If lawmakers act sooner rather than later, they can consider more options and more time will be available to phase in the changes, giving the public adequate time to prepare. Earlier action would also provide more opportunity to ameliorate any adverse impacts on vulnerable populations, including lower-income workers and people already dependent on program benefits.
Author: Social Security and Medicare Boards of T |
Publisher: Createspace Independent Publishing Platform |
Publication Date: Jan 01, 2015 |
Number of Pages: 28 pages |
Binding: Paperback or Softback |
ISBN-10: 1505411874 |
ISBN-13: 9781505411874 |