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In Spending Debate, Baby Boomer Issue Remains a Headache for Legislators
When Congress created Medicare in 1965 to handle the health care needs of the older population, less than 10 percent of Americans were old enough to collect Social Security and the new medical benefit. Since then, the share of Americans 65 and older has soared, from 9.3 percent in 1965 to 13.7 percent in 2012. Read more…
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