From Fortune:

Medicare is not expected to run out of money in 2031, but is facing serious financial challenges. The Congressional Budget Office predicts that by 2032, Medicare will spend $1.9 trillion, twice the defense budget. Various financial factors are contributing, causing concern among Medicare beneficiaries and potential enrollees. However, there are different proposals to address Medicare’s financial challenges. These include raising Medicare payroll taxes, increasing the Medicare enrollment age, slowing the addition of new procedures to Medicare’s basic benefits package, and making Medicare look more like Medicare Advantage plans. While some solutions have bipartisan support, others are more controversial and politically charged. The clock is ticking for Congress and the President to make critical decisions about the future of Medicare.



Read more: Will Medicare really run out of money in 2031? Here’s what experts say about its long-term stability