From Al Tompkins | Poynter <[email protected]>
Subject Social Security and Medicare spending are growing faster than income
Date February 16, 2023 11:00 AM
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Plus, states consider loosening child labor laws to help employers find workers, the FDA considers allowing Narcan to be sold off the shelf, and more. Email not displaying correctly?
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** The One-Minute Meeting
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Social Security and Medicare are both on a path to spend more than they take in sooner than expected. The Congressional Budget Office says Social Security and Medicare will almost double by 2033. Social Security now faces a funding shortfall in 2032, two years sooner than the previous projection. Medicare is projected to experience ([link removed]) a funding shortfall in 2028. There are many possible solutions: slow down increases, cut benefits, delay benefits until age 67 or even 70, or raise Social Security and Medicare taxes. None of these
will play well with taxpayers, especially seniors and people near retirement age. Congress dodges this issue year after year.

Several states are considering changes in child labor laws to make it easier for employers to hire young workers and fill open positions. Some state lawmakers want to make it legal for 16- and 17-year-olds to serve alcohol and work in light factory assembly jobs, and expand their legal working hours. Labor unions oppose the movement.

The FDA is considering whether to make naloxone available on store shelves so that people who want to buy the opioid overdose medicine could do so without asking a pharmacist. Researchers say there is considerable evidence that making the nasal spray easier to obtain will save lives. Off-the-shelf sales could include grocery stores and gas stations, not just drugstores.

Former South Carolina Gov. Nikki Haley said, while announcing that she wants to be president, that anybody age 75 or older who wants to run for office should have to take a mental competency test. While the suggestion is obviously aimed at Joe Biden and Donald Trump, it is as obviously unconstitutional as it is insulting to seniors. Let me suggest an enterprising journalist submit a common mental competency test to the newly minted candidate. I will give you both the questions and answers in my full column today, with a warning that 80% of adults miss at least one question and 30% miss them all.
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