The go-broke dates for Medicare and Social Security 's trust funds have moved up as rising healthcare costs and new legislation affecting Social Security benefits have contributed to earlier projected depletion dates, according to an annual report released last week.
The go-broke date — or the date at which the programs will no longer have enough funds to pay full benefits — was pushed up to 2033 for Medicare's hospital insurance trust fund, according to the new report from the programs' trustees. Last year's report put the go-broke date at 2036.
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