Ever since Medicare was enacted (in 1965), spending on this large federal program “has grown steadily, as measured in absolute dollars...

Ever since Medicare was enacted (in 1965), spending on this large federal program “has grown steadily, as measured in absolute dollars, as a share of the federal budget, and as a share of the gross domestic product (GDP), and these trends are expected to continue."[1]

1.Kaiser Family Foundation. “Medicare Spending and Financing, a Primer. 2011.” February 2011. Available at: http:www.kff.org/medicare/upload/7731-03.pdf