13+ hour, 41+ min ago  (425+ words) Peter G. Peterson Foundation Medicare's Hospital Insurance Trust Fund Could Be Exhausted in 7 Years Due to rising healthcare costs and the aging of the population, spending under the Medicare program will soon outpace its revenues, resulting in substantial cash deficits, according…...

2+ mon, 3+ week ago  (234+ words) Medicare is the largest component of federal healthcare spending and is projected to reach $1. 1 trillion this year, or 3. 3 percent of gross domestic product (GDP). It is the first year Medicare (net offsetting receipts and premiums) will cross the trillion-dollar threshold....

9+ mon, 2+ week ago  (254+ words) Income that is usually subject to taxation, such as wages and profits, generally rises in in an inflationary environment. When that income rises, so too does the amount of revenues that the federal government collects from such sources, even though…...