Medicare has a money problem. Or it will in about 10 years. It’s the sort of problem that President Dwight Eisenhower might have called important but not urgent, such as a balloon payment on a mortgage or a roof that leaks only once in a while. Such problems are easy to ignore until it’s too late to fix them.
Yet anything costing $1 trillion a year will inevitably become urgent soon enough, and Medicare’s funding shortfall will demand attention and action by 2036 to prevent a crisis.
