Graph of the Day for October 26, 2009

"The [Medicare] HI trust fund is not adequately financed over the next 10 years.  At the beginning of 2009 the assets of the HI trust fund were $321 billion and are projected to be exhausted during 2017, under the intermediate assumptions.  The HI trust fund does not meet the short-range test of financial adquacy."

Board of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance [Medicare] Trust Funds, May 2009

Medicare Trust Fund

Source:  Office of the Actuary for Medicare

Hoven's Index for October 26, 2009

Medicare expenditures (% GDP) in 2008:  3.2%.

Projected for 2035:  7.3%.

Projected in 75 years:  11.4%.

Source:  Office of the Actuary for Medicare

Total Defense expenditures (% GDP) for the years 2004-2007:  4.0%.