https://redstate.com/brianfaughnan/2009/05/12/whoops-entitlement-programs-collapsing-faster-than-expected/feed/Conservative News & Politicsen-usTue, 09 Jun 2026 11:08:08 -0400<![CDATA[The Spectator&#8217;s Phil Klein alerts us to the release of the Annual Report of the Social Security and Medicare Boards of Trustees. The Trustees have found that due to the recession, benefits paid out are overtaking revenues brought in even faster than projected. The trust funds for these programs will be bankrupt sooner than expected but more importantly, the programs will become a serious drain on the federal budget far sooner than that. That&#8217;s because long before the trust funds are exhausted, Uncle Sam will need to take money from general revenues to &#8216;repay&#8217; the trust funds.]]>Tue, 12 May 2009 18:19:59 -0400<![CDATA[Brian Faughnan]]>https://redstate.com/brianfaughnan/2009/05/12/whoops-entitlement-programs-collapsing-faster-than-expected-n41634