How Much Is Medicare Underfunded?

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   Bob VineyardPRO

   Founder, Georgia Medicare Plans, Atlanta,GA

   Every year since 2008 Medicare has paid out more in benefits than it has in the trust fund. Last year the deficit exceeded $2 trillion (expenditures vs revenue).
   
   Some sources say the Medicare trust fund will be depleted by 2024 while others say it will happen by 2016. This can't continue.

   Answered on May 22, 2013

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