Social Security Report

Budget Deficit Widens – Social Security & Medicare Cited

Citing higher spending on Social Security and Medicare as a driving force behind America’s fiscal imbalance, Reuters Washington Reporter Lindsay Dunsmuir examines the widening 2016 budget deficit in an article posted on www.reuters.com. She observes that these programs, in conjunction with “slower-than-expected revenues,” have driven the deficit to 3.2% of GDP, up from 2.5% last year. Read her analysis here…

For more on this subject, check out the “Latest News” post also referenced on our site.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org.