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GAO Report on Social Security (July 2003)
"Analysis of a Trust Fund Exhaustion Scenario Illustrates the Difficult Choices and the Need for Early Action."
The GAO has issued its report on the solvency of the Social Security Trust Fund.
Medicare Legislation Becomes Law
On December 8, 2003, President George W. Bush signed into law the Medicare Prescription Drug, Improvement and Modernization Act of 2003.
This landmark legislation provides seniors and people living with disabilities with a prescription drug benefit, more choices and better benefits under Medicare.
Anyone interested in getting more information can call 1-800-Medicare or visit the Centers for Medicare and Medicaid Services website.
The IRS issued guidance on several social security/medicare issues that apply to state and local governments.
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