
Republicans and Democrats have been tripping over each other to tell voters how committed they are to making zero changes to Social Security and Medicare. Meanwhile, the Social Security and Medicare Trustees just confirmed yet again that within 10 years the programs' funds will be insolvent.
It's hard to forget the scene during the most recent State of the Union address, when President Joe Biden accused Republicans of wanting to cut Social Security and Medicare and Republicans—including one who shouted from her seat—called that a lie. The mutual refusal to take responsibility for the nasty fiscal condition of entitlement programs is decades old. Indeed, the findings of the Trustees' report are not surprising to anyone who follows these programs' finances.