“Coronavirus to accelerate Social Security, Medicare depletion dates, U.S. officials say,” by David Lawder, Reuters
“The 2020 Social Security and Medicare trustees reports released on Wednesday did not reflect projections from the coronavirus pandemic but showed continued long-term funding shortfalls for retirement, disability and seniors’ healthcare benefits. … Trump administration officials said that while they have made no official projections on the effects of the virus, if a 15% reduction in employment and revenues persists over the full 2020 year, they expect those depletion dates will move forward.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Does it matter how you felt before the train hit you?