Medicare, Social Security face shaky fiscal futures

  • FILE - In this April 10, 2019 file photo, a sign is shown during a news conference to reintroduce "Medicare for All" legislation, on Capitol Hill in Washington. The financial condition of the government’s bedrock retirement programs for middle- and working-class Americans remain shaky, with Medicare pointed toward insolvency by 2026. That’s the word from the latest report by the government’s overseers of Medicare and Social Security, which paints a sobering picture of the programs, though it’s relatively unchanged from last year’s update. Social Security would become insolvent in 2035, one year later than previously estimated. (AP Photo/Susan Walsh)

WASHINGTON — The financial condition of the government’s bedrock retirement programs for middle- and working-class Americans remains shaky, with Medicare pointed toward insolvency by 2026, according to a report Monday by the government’s overseers of Medicare and Social Security.