Tag: budget

man holding stethoscope with piggy bank

The headlines from the 2023 Medicare Trustees Re­port were that the Hospital Insurance (HI) program faces a long-term deficit and will deplete its trust fund reserves in 2031 and that the rest of the Medicare program will require increasing amounts of general revenues. While true, the outlook for program costs is considerably more favorable than…

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   Save. Budget. Spend less on takeout. “We know what we need to do,” financial behavior expert Wendy De La Rosa says. “The question is how to do it.” Consider one of the pandemic’s lessons for workers: it’s important to build up an emergency fund for a potential financial catastrophe. But how to translat…