AARP Says Some Good News To Come From Social Security And Medicare Reports

The latest trustees report on the financial state of Social Security and Medicare point out the obvious, both programs are in danger of running out of money. The big question will be the timing.  Sam Wilson, associate state director of AARP-South Dakota says there is some good news in the reports… 

[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2011/05/Sam-Wilson-518a.mp3|titles=Sam Wilson 518a]

Wilson says despite the bulge of baby boomers beginning to retire, Social Security has made provisions for those changes…

[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2011/05/Sam-Wilson-518b.mp3|titles=Sam Wilson 518b]

Wilson says Medicare is under the double threat of demographics and soaring medical costs…

[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2011/05/Sam-Wilson-518c.mp3|titles=Sam Wilson 518c]

Wilson says he doubts Congress will make major changes to either program until they have to.