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To: Jim 0216

So, when will Social Security go broke?

When will Medicaid go broke - now that Obola is shredding it for his Obomacare subsidies and failures?


3 posted on 08/02/2015 3:25:30 PM PDT by Robert A Cook PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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To: Robert A. Cook, PE
So, when will Social Security go broke?

SS has been in the red since 2010. It will have to reduce payments in 2033, by law.

When will Medicaid go broke - now that Obola is shredding it for his Obomacare subsidies and failures?

Medicaid gets funded solely thru the General Fund. We borrow money now to pay for the benefits.

6 posted on 08/02/2015 3:50:56 PM PDT by kabar
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To: Robert A. Cook, PE
So, when will Social Security go broke?

Nobody can reliably forecast right now. We have to have data on how quickly the Obamacare Death Panels can shorten the lifespan to where the numbers work out.

10 posted on 08/02/2015 3:57:06 PM PDT by nascarnation (Impeach, convict, deport)
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