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The coronavirus (COVID-19) pandemic is an unprecedented national emergency requiring a significant federal response. This page provides resources and analysis, tracking the actions our leaders are taking to respond, and providing insights on the state of America’s fiscal and economic outlook during the recovery.
Medicare’s financial problems affect the entire budget, and are largely responsible for projected increases in federal deficits.
The rapid growth in health care costs is the largest and fastest growing fiscal challenge.
The report focuses on the fiscal conditions in six heavily populated states which together account for a third of the nation's population and almost 40 cents of every dollar in spending by state and local governments.
The Trustees warn that Congress and the Administration should work "with a sense of urgency" to put the program on a sustainable path.
Medicare is a large share of the budget, and it is projected to grow.
The Trustees urge lawmakers to enact legislation soon to put Medicare on a sustainable path.
One in four medicare dollars is spent on people who are in the last year of life.
U.S. health care spending is highly focused on the costliest patients.