Daily Mail News
By JAMES GORDON FOR DAILYMAIL.COM
PUBLISHED: 22:02 EST, 1 March 2024 | UPDATED: 22:02 EST, 1 March 2024
Medicare and Social Security are in crisis and face significant challenges according a report from the U.S. Treasury Department which indicates the programs are both underfunded to the tune of a $175 trillion.
The report suggests that if the current trends continue the programs may not be around when the current generation of American children reach retirement age unless substantial changes are implemented.