President Joe Biden speaks about his administration's plans to protect Social Security and Medicare and lower healthcare costs, Thursday, February 9, 2023, at the University of Tampa in Tampa, Florida.Patrick Semansky/AP Photo The latest Social Security and Medicare Board of Trustees report lays out estimates for both programs. The trustees find that Social Security will be unable to pay full benefits in about 10 years. That doesn't mean the program will go bankrupt, but Congress would have to step in to shore it up. The clock is still ticking for Social Security.