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Published on May 2, 2012
Today, The American Action Forum is releasing What You Need to Know About the Medicare Trustees Report, an analysis of the data with facts, statistics, and context about the state of our entitlements. Read the report here.
Amongst the findings, Forum analysis found: • Medicare's Annual Cash Shortfall in 2011 was $288.3 billion • Payroll taxes would have to increase 31% to pay for Medicare Part A just this year • Over the next 75 years, Social Security will owe nearly $9 trillion more than it is projected to take in