Medicare’s insolvency is fast approaching, and the cost of ignoring the problem is rising. getty. Apparently, many of our political leaders don’t seem to care if Medicare goes broke.

A key trust fund underpinning the massive Medicare program has a new insolvency date: 2036, according to a new report from the Medicare trustees. That’s five years later than the go-broke date ...

Social Security and Medicare trust funds, which help pay benefits, are projected to run dry. What will happen then?

Both sides are misleading people. President Joe Biden is accusing Republicans of wanting to cut Social Security and Medicare. He says he’ll protect these key pillars of the social safety net.

Medicare Part B and Part D do not face insolvency, the report said, because they are funded separately — partially by premiums and general revenue from the U.S. Department of the Treasury.

Key Takeaways Conservative leaders have shown interest in addressing Medicare insolvency, considering new solutions for Medicare’s challenges, and addressing the impacts of the Inflation ...

Social Security and Medicare are headed toward 'insolvency': Maya MacGuineas. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, discusses concerns about the future of ...

Americans stash funds in HSAs amid Medicare trust fund insolvency concerns . John Dealbreuin, Wealth of Geeks, Associated Press // June 13, 2024 // Listen to this article. In 2023, the United States ...

The fund covering Medicare‘s hospital-insurance benefits is now projected to run out of money in 2031, according to a new report by Medicare trustees. This new insolvency date gives policymakers ...

The announcement sent shivers down the spines of advocates for Social Security and Medicare. In one of his first moves after being elected House speaker last week, Mike Johnson promised to form a ...

Committee for a Responsible Federal Budget President Maya MacGuineas joins Yahoo Finance Live to talk about the debt ceiling, entitlement spending, and the federal budget.

President Joe Biden is proposing to increase tax rates for the wealthy to fund Medicare benefits amid concerns the welfare program will go insolvent within the next decade. The provision is one ...