Social Security Report

Latest News

Medicare Spending: Urgent Changes Needed for Fiscal Health

At first glance, there appears to be a reduction in the Medicare spending. Year-over-year comparisons in Medicare spending for October and November fiscal years (or, FY) 2013 and 2014 indicate a decline in spending for FY 2014. Preliminary spending declined by 3 percent, or $3 billion dollars. If a one-off payment is considered – which should have occurred in September according to the Congressional Budget Office (or, CBO) — spending appears to decrease by 8 percent, or $7 billion. Read more…

Notice: The “Read more…” link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc. or socialsecurityreport.org.