Saturday, August 2, 2014

Medicare/Social Security 2014 Trustee Reports Released

On July 28, 2014, the Center for Medicare Services released its annual Medicare Trustees Report, which projects Medicare spending out into the 2080s.  As in the past, the report shows that federal health-care programs will eat the budget.

UsGovernmentspending.com has updated its chart of the Medicare Outlook here based on data in the 2014 Medicare Trustees Report.  You can download the data and also view selected Medicare Trustee forecasts going back to 2005.

On July 28, 2014, the Social Security Administration released its annual OASDI Trustees Report, which projects Social Security spending out into the 2080s.  As in the past, the report shows that Social Security spending will max out at about 6 percent of GDP.

UsGovernmentspending.com is publishing for the first time a chart of the Social Security Outlook here based on data in the 2014 OASDI Trustees Report.  You can download the data and also view OASDI Trustee forecasts for 2005 and 1997.

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