Chairman's Press

05.16.11

Sessions Reacts to Sobering Reports on Social Security and Medicare, Inability of Senate Dems to Present Budget Plan

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, made the following statement today after the Social Security and Medicare Trustees issued their annual reports on the financial status of the two programs, which show the projected insolvency date of Social Security has moved up to 2036 from 2037 and the insolvency date for Medicare has leaped from 2024 from 2029 in 2010's report: "Today's news that Social Security and Medicare will become insolvent even s… Continue Reading

Showing page of 38