Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.

"Current-law projections indicate that Medicare still faces a substantial financial shortfall that needs to be addressed with further legislation. Such legislation should be enacted sooner rather than ...

Medicare's hospital insurance trust fund is now projected to run out by 2033, three years earlier than last year’s estimate.

Social Security is a cornerstone of retirement planning for millions of Americans, providing a vital safety net for seniors, ...