News & Public Affairs

Is Social Security Going Broke?

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Tags: Social Security, trustee's report, surplus, deficit, Nacy Altman, Strengthen Social Security Campaign

Good morning, welcome to Radioactivity. I'm Rob Lorei. The McClatchy News Service is reporting: "The nation's Social Security and Medicare programs are sliding closer to insolvency, the federal government warned Monday in a new report underscoring the fiscal challenges facing the two mammoth retirement programs as baby boomers begin to retire.

Medicare, which is expected to provide health insurance to more than 50 million elderly and disabled Americans this year, is expected to start opera...