The 2017 Tax Cuts and Jobs Act made a number of changes to the corporate tax code, most prominently lowering the top corporate tax rate from 35 to 21 percent.
Without reform, Medicare spending will continue to rise over the coming years — threatening the HI Trust Fund and placing immense pressure on the federal budget.
Today, the Social Security and Medicare Trustees released their annual reports on the programs’ financing, showing that the future of these vital programs remain at risk.
