In 2020, the share of U.S. federal budget spent on Medicare was 12 percent, a four-times increase since 1970. If current laws stand, the share of federal spending on Medicare could rise to one fifth of total budget by 2051.
This statistic shows the share of U.S. federal budget spent on Medicare in 1970, 2020, and forecast for 2051 under current law.
Share of U.S. federal budget spent on Medicare in 1970, 2020, and forecast for 2051
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Peter G. Peterson Foundation. (September 2, 2021). Share of U.S. federal budget spent on Medicare in 1970, 2020, and forecast for 2051 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1116168/share-of-us-federal-budget-spent-on-medicare-current-and-forecast/
Peter G. Peterson Foundation. "Share of U.S. federal budget spent on Medicare in 1970, 2020, and forecast for 2051." Chart. September 2, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1116168/share-of-us-federal-budget-spent-on-medicare-current-and-forecast/
Peter G. Peterson Foundation. (2021). Share of U.S. federal budget spent on Medicare in 1970, 2020, and forecast for 2051. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1116168/share-of-us-federal-budget-spent-on-medicare-current-and-forecast/
Peter G. Peterson Foundation. "Share of U.S. Federal Budget Spent on Medicare in 1970, 2020, and Forecast for 2051." Statista, Statista Inc., 2 Sep 2021, https://www.statista.com/statistics/1116168/share-of-us-federal-budget-spent-on-medicare-current-and-forecast/
Peter G. Peterson Foundation, Share of U.S. federal budget spent on Medicare in 1970, 2020, and forecast for 2051 Statista, https://www.statista.com/statistics/1116168/share-of-us-federal-budget-spent-on-medicare-current-and-forecast/ (last visited December 22, 2024)
Share of U.S. federal budget spent on Medicare in 1970, 2020, and forecast for 2051 [Graph], Peter G. Peterson Foundation, September 2, 2021. [Online]. Available: https://www.statista.com/statistics/1116168/share-of-us-federal-budget-spent-on-medicare-current-and-forecast/
