Dear John,
 

Medicare and Social Security account for the majority of mandatory spending in our federal budget, according to the Congressional Budget Office, and are the primary drivers of our national debt. If no steps are taken, the programs’ trust funds will be exhausted in the next ten years. With both programs adding more than 10,000 individuals to their rolls per day, according to the Centers for Medicare & Medicaid Services and Social Security Administration, and population growth declining in the United States, fewer individuals are available to pay into the system.
 
In thinking about the future of these programs, what would you do to keep the programs solvent?
 
1. Increase taxes on the wealthy to cover more people on Medicare/Social Security
2. Increase the eligibility age of future retirees in order to receive benefits
3. Establish a maximum income limit to be eligible to receive benefits
4. Other

Let me know here!