Finance

Parker: Social Security in critical condition

5 monthes ago   |   By Boston Herald

Each year, the trustees of Social Security and Medicare issue their report, delivering the news, invariably dismal, about the financial condition of the nation's two largest entitlement programs. This year, in the report just issued, it's worse than usual. Last year, the trustees forecast that Social Security and Medicare's hospital insurance would have to start dipping into their trust funds by 2022 and 2023 in order to finance their obligations. They report now that the situation has deteriorated such that both need to start dipping in this year.
Read more ...

 


Search by Tags

   Finance      Op-Ed  


Thieves caught outside supermarket: 'butter late than never'

Thieves caught outside supermarket: 'butter late than never'

Two men were on a roll unto police said they stopped them with more than $1,400 worth of butter. Read more ...

Toddler finds gun under father's pillow, fatally shoots himself, police say

Toddler finds gun under father's pillow, fatally shoots himself, police say

Both parents were asleep at the home when the 2-year-old found the weapon, according to police. Read more ...

FBI investigates death of American woman on cruise ship headed to Aruba

FBI investigates death of American woman on cruise ship headed to Aruba

The FBI is investigating the death of a 52-year-old woman on a cruise ship heading from Florida to Aruba. Read more ...

Leavenworth County commissioner under fire after racially motivated comment

Leavenworth County commissioner under fire after racially motivated comment

The commissioner made comments regarding a "master race." Read more ...

Passengers trapped, 40 killed in bus fire in Zimbabwe

Passengers trapped, 40 killed in bus fire in Zimbabwe

HARARE, Zimbabwe - Fire swept through a passenger bus in Zimbabwe, and police said Friday that more than 40 people died and at least 20 were injured, some with severe burns... Read more ...

North Korea to deport American it detained for illegal entry

North Korea to deport American it detained for illegal entry

SEOUL, South Korea - North Korea said Friday that it will deport an American citizen it detained one month ago for illegally entering the country. The announcement suggests... Read more ...

Reports: Homeless man, couple made up story for GoFundMe campaign that...

Reports: Homeless man, couple made up story for GoFundMe campaign that raised $400,000

Reports indicate all three will face criminal charges of conspiracy and theft by deception related to the GoFundMe campaign. Read more ...

Verdict On Khmer Rouge Leaders Is First To Officially Acknowledge Regime's...

Verdict On Khmer Rouge Leaders Is First To Officially Acknowledge Regime's Genocide

Nuon Chea, 92, who was the No. 2 leader of the Khmer Rouge from 1975-1979 and Khieu Samphan, the 87-year-old former head of state of the brutal regime, were found guilty of... Read more ...

Driver dead after crash involving 2 Lynx buses in Orlando

Driver dead after crash involving 2 Lynx buses in Orlando

A Lynx bus driver is dead after one bus slammed into another early Friday in Orlando. Read more ...

Mark Zuckerberg says stepping down as Facebook chairman would be a bad idea

Mark Zuckerberg says stepping down as Facebook chairman would be a bad idea

Mark Zuckerberg said he has no intention of stepping down as Facebook chairman. That's despite fresh calls from investors to split his dual role as CEO and chairman after an... Read more ...