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Paul Ryan says Medicare going broke

Generally speaking, 7.65 percent of your paycheck is withheld for FICA — 6.2 percent for Social Security and 1.45 percent for Medicare. If your annual pay is $46,000, the average for full-time-working Americans, the Medicare portion of those Federal Insurance Contributions Act taxes approaches $700 per year. It’s not enough, according to U.S. House Budget Committee chairman Paul Ryan…Read More


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