Key Facts
Misconception About Social Security and Medicare
Social Security and Medicare are not fully funded by payroll taxes as many people believe.
Social Security Funding
In 2016 alone, $90 billion of Social Security funding didn’t come from payroll taxes and that amount is only continuing to grow.
Medicare’s Funding
Medicare gets even less of its money from payroll taxes.
Federal Deficit Culprits
Social Security and Medicare are responsible for half of the current federal deficit.
Need For Restrain
Unless we reform both programs to lower their future costs, we’ll be left with a mountain of debt and we won’t be able to afford any other government services.