Asian Spectator

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Why it's hard for the US to cut or even control Medicare spending

  • Written by Dennis W. Jansen, Professor of Economics and Director of the Private Enterprise Research Center, Texas A&M University
Why it's hard for the US to cut or even control Medicare spendingThe number of Americans covered by Medicare is growing.OR Images/DigitalVision via Getty Images

President Joe Biden’s 2024 proposed budget includes plans to shore up the finances of Medicare, the federal health insurance program that covers Americans who are 65 and up and some younger people with disabilities.

His administration aims to...

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  1. Water in space – a 'Goldilocks' star reveals previously hidden step in how water gets to planets like Earth
  2. Neighbors Ohio and Michigan are moving further apart in politics – differences in ballot access may explain why
  3. The luck of the Irish might surface on St. Patrick's Day, but it evades the Kennedy family, America's best-known Irish dynasty
  4. 54% of firearm deaths in the US are from suicide – and easy access to a gun is a key risk factor
  5. Every teacher grades differently, which isn't fair
  6. As bird flu continues to spread in the US and worldwide, what's the risk that it could start a human pandemic? 4 questions answered
  7. Tennessee's drag ban rehashes old culture war narratives
  8. US regulators avoided a banking crisis by swift action following SVB's collapse – but the cracks it exposed continue to weaken the global financial system's foundation
  9. Downing of US drone in Russian jet encounter prompts counterclaims of violations in the sky – an international law expert explores the arguments
  10. AI information retrieval: A search engine researcher explains the promise and peril of letting ChatGPT and its cousins search the web for you

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