Medicare Predicted to Run Out of Money in 2024

Medicare’s largest trust fund needs some major help. This article discusses what is in the works to prevent Medicare from going bankrupt.

Some text from the article:

“For decades, politicians in Washington, D.C., have looked up at the size and scale of the fiscal challenges facing our country, particularly in Medicare, and chosen to kick the can down the road,” House Speaker John A. Boehner (R-Ohio) said in a statement. “Today’s trustees’ report is another reminder that we’ve run out of road.”