It's pretty stark. Over the next 30 years, Social Security will pay out $14.6 trillion more in benefits than it takes in the payroll tax. According to CBO, Medicare will pay out $35 trillion more in benefits than it takes in the payroll tax over the next 30 years. And then we will pay out to our creditors $71 trillion. And that all totals up to $121 trillion. The entire deaths over the next 30 years is 127. (00:55–01:02)
CLAIM
Asserts that Medicare will have a $35 trillion shortfall over 30 years.
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