We're getting old fast. And whether anyone here wants to admit it, it's true. From today through the next 30 years, 100% of the projected deficit is demographics. It's 75% Medicare. And if we backfill Social Security, it's the math. And that's from all the different think tanks. So I'm going to start with you, Dr. Auerbach. You have a clean slate and like 30 seconds, tell me. (01:28–01:34)
CLAIM
Asserts that 75% of the demographic-related deficit is due to Medicare, with Social Security also contributing.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
