Budget Basics: Medicare
Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
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Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
At the end of May, the nonpartisan Congressional Budget Office (CBO) released new projections of the nation’s fiscal and economic outlook, their first report since July 2021.
https://www.pgpf.org/blog/2022/06/8-startling-facts-about-the-us-fiscal-outlook
At the start of 2022 with a record $29 trillion in national debt, U.S. voters of all stripes are growing more concerned about America’s unsustainable federal budget outlook, according to the nonpartisan Peter G. Peterson Foundation’s newest monthly index.
https://www.pgpf.org/press-release/2021/12/fci-press-release
Under current spending and tax policies, federal debt would be on a path that climbs to about 200 percent of gross domestic product within 25 years, according to CBO.
Michael A. Peterson releases a statement on the Congressional Budget Office's budget and economic outlook.
The Medicare Advantage allows beneficiaries enrolled in both Part A and Part B to receive benefits from private plans.
https://www.pgpf.org/budget-basics/what-is-medicare-advantage
“America’s high and rising national debt threatens our economy, and must be included in the policy conversation this year," said Michael A. Peterson, President and CEO of the Peter G. Peterson Foundation.
https://www.pgpf.org/press-release/2017/03/statement-on-cbos-2017-long-term-budget-outlook
Public schools for students in kindergarten through 12th grade are financed through a combination of local, state, and federal dollars in proportions that vary across and within states.
https://www.pgpf.org/budget-basics/how-is-k-12-education-funded
Experts from five leading think tanks developed specific, "scoreable" policy proposals to set the federal budget on a sustainable, long-term path for prosperity and economic growth.
https://www.pgpf.org/pgpf-programs-and-projects/solutions-initiative-iii
National security is both a vital priority and a significant part of the federal budget.
https://www.pgpf.org/infographic/infographic-the-facts-about-us-defense-spending