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So when you're breaking news before it gets that -- did -- -- Social Security Medicare trustees report that we are talking about the topics out this hour and Rick Jackson have all the details in DC rich.
Well Social Security is good to go until 2033.
Can pay out.
About three quarters of its schedule benefits through 2087.
That's the same as last year Medicare however.
Is two years better than last year 20/20 six is when it can pay out its full benefits still.
And then after Vatican pay out a certain percentage of it when you break down Social Security that's really two sets of payments one as the -- yet every month.
However the disability insurance fund.
That's got problems it's.
-- going to -- its full benefits.
After 2016 you merge those two -- good until 2033 there -- not -- right now that's something congress -- take care of also there's been the effect of the president's health care lot's been a subject of this it actually extended the length.
Of Medicare when you consider it under actuarial purposes however the acting chief actuary of the centers of Medicare and Medicaid that says the Affordable Care Act makes important changes to the Medicare program substantially improves its financial outlook.
Though there is a strong likelihood.
That certain number of these changes will not.
Be viable in the long range so from here you're going to have conservatives saying we have to make immediate changes to these programs to preserve them for the future.
And liberals saying that they're pretty good shape do a couple of weeks -- little revenue and we should be fine.
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