News Headlines Article

Slow Recovery Worsens Financial State of Medicare
New York Times

The financial outlook for Medicare deteriorated in the last year because of the sluggish economic recovery, and the program’s hospital insurance trust fund will be exhausted in 2024, five years earlier than projected last year, the government said Friday. The estimates, in the annual report by the Medicare trustees, were immediately swept up into the already inflamed political battle over federal spending, debt and the future of entitlement programs.