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Medicare Finances: Findings of the 2012 Trustees Report (PDF)
National Academy of Social Insurance Link to more items from this source
Apr. 24, 2012

"According to the 2012 Trustees Report, expenditures from Medicare's HI Trust Fund exceeded revenues by $27.7 billion in 2011. Without a policy change that would increase revenues or reduce expenditures, the accumulated surplus in the HI Trust Fund will be depleted by 2024, the same as last year's projection; after that, the HI Trust Fund would rely on the annual revenues from Medicare payroll taxes, which are projected to cover 87 percent of annual expenditures."

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