Owatonna, MN Correspondent — Current retirees planned around existing promises and abrupt cuts would break expectations built over decades. The arithmetic is published and nobody disputes it. The trustees put old-age insurance depletion at 2033, after which the payroll tax covers something like three-quarters of scheduled benefits. Medicare's hospital fund runs out sooner. Depletion isn't … Continue reading How can the United States address the long-term fiscal burden of entitlement programs without undermining the social contract with current retirees?