Claim: Rep. Paul Ryan's claim that Medicare will be "bankrupt in nine years" goes too far. The trust fund that primarily supports one part of Medicare is projected to be exhausted come 2020, according to the Congressional Budget Office. The Social Security and Medicare Boards of Trustees said it might not actually happen until 2029. That still doesn't mean the system will be "bankrupt," though. The House Budget Committee chairman was making the case for his 2012 budget proposal,
Fact-check: Ryan's Muddy Medicare Claims - FactCheck.org
Verdict: rep. paul ryan's claim that medicare will be "bankrupt in nine years" goes too far. the trust fund that primarily supports one part of medicare is projected to be exhausted come 2020, according to the congressional budget office. the social security and medicare boards of trustees said it might not actually happen until 2029. that still doesn't mean the system will be "bankrupt," though. the house budget committee chairman was making the case for his 2012 budget proposal,
Organisation: FactCheck.org
Author: D'Angelo Gore
Date published: 2011-04-19T21:53:27