Wednesday, December 26, 2018

Medicare will be depleted in 2026

https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/ReportsTrustFunds/downloads/tr2018.pdf

Even after this date, the expenditures will exceed income by only about $50 billion per year.

Year  Income Exp  Deficit
====  ===== ===== =====
2026  470.8 522.7 −51.9

Sorry, I'm not going to get excited about another $50 billion/year added to the deficit in 2026.

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