PrintJanuary 30, 2010
Graph of the Day for January 30, 2010
"... you've got kids or you've got grandkids -- they need to make sure that they've got the same security that Medicare provides seniors." President Obama, speech at the Organizing for America National Health Care Forum, August 2009
"... at the pace we're on right now, Medicare is going to run out of money in eight years." President Obama, same speech.
Public Health Program Costs: Predicted vs. Actual
Source: Joint Economic Committee, Republican staff, July 2009.
Hoven's Index for January 30, 2010
Medicare Part A, Hospital Insurance (HI), trust fund at end of 2008: $321.3 billion.
HI spending in 2008: $235.6 billion.
HI spending in 2017: $403.1 billion.
HI trust fund at end of 2017: -$51.4 billion (depleted mid-year).
Source: 2009 Medicare Trustees Report.
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