On May 6, 2024, the Center for Medicare Services released its annual Medicare Trustees Report, which projects Medicare spending out to 2095. As in the past, the report shows that federal health-care programs will eat the budget.
In this report the Trustees forecast that Medicare will top out at a little above 6 percent of GDP in the 2080s.
On June 1, 2024, usgovernmentspending.com updated its chart of the Medicare Outlook here based on data in the 2023 Medicare Trustees Report. You can download the data and also view selected Medicare Trustee forecasts going back to 2005.
On May 6, 2024, the Social Security Administration released its annual OASDI Trustees Report, which projects Social Security spending out to 2095. As in the past, the report shows that Social Security spending will max out at about 6 percent of GDP. UsGovernmentspending.com uses the Supplemental Single Year Tables.
On June 1, 2024, usgovernmentspending.com updated its chart of the Social Security Outlook here based on data in the 2024 OASDI Trustees Report. You can download the data and also view selected OASDI Trustee forecasts going back to 1997.
Two centuries of government spending in the United States.
Sunday, June 2, 2024
Medicare/Social Security 2024 Trustee Reports Released
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