PrintOctober 26, 2009
Graph of the Day for October 26, 2009
"The [Medicare] HI trust fund is not adequately financed over the next 10 years. At the beginning of 2009 the assets of the HI trust fund were $321 billion and are projected to be exhausted during 2017, under the intermediate assumptions. The HI trust fund does not meet the short-range test of financial adquacy."
Board of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance [Medicare] Trust Funds, May 2009.
Medicare Trust Fund
Source: Office of the Actuary for Medicare.
Hoven's Index for October 26, 2009
Medicare expenditures (% GDP) in 2008: 3.2%.
Projected for 2035: 7.3%.
Projected in 75 years: 11.4%.
Source: Office of the Actuary for Medicare.
Total Defense expenditures (% GDP) for the years 2004-2007: 4.0%.
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