Washington’s runaway spending is highlighting the seemingly unstoppable growth of the big entitlement programs: Social Security, Medicare and Medicaid. Moreover, the trust funds for Social Security and Medicare are headed for insolvency.
These looming disasters are prompting plenty of proposals on what to do: raise eligibility ages, raise taxes, cut benefits.
But this episode of What’s Ahead explains why all this wailing and hand-wringing is unnecessary. The right changes won’t mean fewer benefits for beneficiaries. In fact, for many it will be the exact opposite.
This article was originally published by Forbes.com. Read the original article here.