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Serving Up Social Security and Medicare, Without the Fixings
The Washington Post; subscription may be required Link to more items from this source
[Opinion]
May 2, 2006
Excerpt: Treasury Secretary John W. Snow [announced] the latest on Medicare's financial standing. The 'modernized,' cost-effective program is forecast to go belly-up in 2018 -- two years earlier than previously forecast. .... Snow also announced that Social Security -- reform of which the Bush administration abandoned last year -- will become insolvent in 2040, a year earlier than previously projected.

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