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Transcripts For ALJAZAM Real Money With Ali Velshi 20140728

Im ali velshi. And this is real money. This is real money, you are the most important part of the show, tell me what is on your mind by tweeting me or hitting me up on facebook. Social security and medicare are two huge Government Programs that benefit millions of americans. Both are headed for possible extinction. These programs are so big that together they take up an estimated 44 of all federal spending each year, and Social Security and medicare benefits are funded by taxes that americans pay out of their paychecks every pay period, not income taxes. But in a new report today, government forecasters projected revenues from those payroll taxes wont be enough to fund 100 of medicare benefits starting in 2030. Medicare will only be able to pay 85 of benefits after 2030, and decline to 75 by 2050. By the way this is all a positive development. Only a few years ago forecasters were saying that medicare would hit a revenue crunch as early as 2016. What has changed . Obamacare, researcher

Transcripts For ALJAZAM Real Money With Ali Velshi 20140729

This is real money, you are the most important part of the show, tell me what is on your mind by tweeting me or hitting me up on facebook. Social security and medicare are two huge Government Programs that benefit millions of americans. Both are headed for possible extinction. These programs are so big that together they take up an estimated 44 of all federal spending each year, and Social Security and medicare benefits are funded by taxes that americans pay out of their paychecks every pay period, not income taxes. But in a new report today, government forecasters projected revenues from those payroll taxes wont be enough to fund 100 of medicare benefits starting in 2030. Medicare will only be able to pay 85 of benefits after 2030, and decline to 75 by 2050. By the way this is all a positive development. Only a few years ago forecasters were saying that medicare would hit a revenue crunch as early as 2016. What has changed . Obamacare, researchers say it is slowing down the rise in me

Transcripts For ALJAZAM Real Money With Ali Velshi 20140729

This is real money, you are the most important part of the show, tell me what is on your mind by tweeting me or hitting me up on facebook. Social security and medicare are two huge Government Programs that benefit millions of americans. Both are headed for possible extinction. These programs are so big that together they take up an estimated 44 of all federal spending each year, and Social Security and medicare benefits are funded by taxes that americans pay out of their paychecks every pay period, not income taxes. But in a new report today, government forecasters projected revenues from those payroll taxes wont be enough to fund 100 of medicare benefits starting in 2030. Medicare will only be able to pay 85 of benefits after 2030, and decline to 75 by 2050. By the way this is all a positive development. Only a few years ago forecasters were saying that medicare would hit a revenue crunch as early as 2016. What has changed . Obamacare, researchers say it is slowing down the rise in me

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