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Benzinga
Benzinga
Business
Namrata Sen

Economist Warns Social Security, Medicare Insolvency By 2034 Could Trigger Bond Market Selloff, Forcing Congress Into Painful Fiscal Reforms

Social Security Medicare Bernard Yaros Donald Trump United States
Dollars,In,A,Man's,Hand,On,The,Background,Federal,Reserve

The trust funds for Social Security and Medicare are expected to be depleted by 2034, which could prompt the bond market to push Congress into action, according to a leading economist.

Social Security Strains May Spark Fiscal Crisis by 2034

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