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OPINION

Medicare funding runs short by 2024, trustees say

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Highlighting the fiscal problems posed by growing health costs and an aging population, the trustees of Medicare estimated Monday that the program will only be able to pay a portion of promised benefits starting in 2024.

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That's the same year the trustees had estimated a year ago.

Every year the Medicare trustees, who also oversee Social Security, release an annual report on both programs' long-term financial outlook.

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