Tag: Medicare

New book argues that balance requires the wealthiest top 1 percent to start paying taxes again Some observers point to the sorry condition of our federal finances as a rationale for cutting Social Security and Medicare – not to mention programs for the most vulnerable, such as Medicaid and SNAP. Indeed, federal spending in 2025…
What captures the headlines about Medicare is the exhaustion date of the Hospital Insurance (HI) trust fund. But HI is only 38 percent of Medicare expenditures today and is projected to decline further, and the HI shortfall – once the trust fund assets are depleted – is only 11 percent of HI expenditures. Thus, t…