Medicare Isn’t Going “Bankrupt”

(By – Paul N. Van de Water, www.cbpp.org)

Some politicians continue to claim erroneously that Medicare is running out of money.  House Ways and Means Chairman Paul Ryan asserts that Medicare’s Hospital Insurance (HI) trust fund “will go bankrupt in 2030.”  Presidential candidate and former Florida Governor Jeb Bush says that today’s younger workers are “not going to have anything” from Medicare.  In an updated paper, we set the record straight. Read more…

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