Thursday, June 23, 2016

Medicare/Social Security 2016 Trustee Reports Released

On June 22, 2016, the Center for Medicare Services released its annual Medicare Trustees Report, which projects Medicare spending out to 2090.  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 2016 Medicare Trustees Report.  You can download the data and also view selected Medicare Trustee forecasts going back to 2005.

On June 22, 2016, the Social Security Administration released its annual OASDI Trustees Report, which projects Social Security spending out to 2090.  As in the past, the report shows that Social Security spending will max out at about 6 percent of GDP.

UsGovernmentspending.com has updated its chart of the Social Security Outlook here based on data in the 2016 OASDI Trustees Report.  You can download the data and also view selected OASDI Trustee forecasts going back to 1997.

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