Editorial Roundup: United States – thenewsexp

Excerpts from recent editorials in the United States and abroad:

May 6

The Washington Post on Medicare and Social Security reforms

President Biden and former president Donald Trump don’t agree on much, but both have pledged not to touch Social Security benefits. This is a reflection of political reality, which is that a lot of seniors, who tend to vote at high rates, depend on the programs, and that they are popular generally. Social Security has a broadly progressive impact on income distribution: The bottom half of earners rely on it to stay out of poverty in retirement. Financial reality, though, is that if the programs aren’t reformed, and run out of money to pay required benefits, cuts could become unavoidable.

The latest reports from the Social Security and Medicare trustees, released on Monday, reinforce that sobering fact. Social Security will be insolvent by 2035 and Medicare’s Hospital Insurance Trust Fund by 2036. These dates are slightly farther in the future than the…

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