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A federal health insurance program for people 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.
’s primary financing comes from payroll (FICA/OASDI) taxes paid by workers and employers, supplemented by interest on trust fund assets and income from taxation of benefits; and some administrative co...
uses the ACA-specific MAGI method: start with adjusted gross income (AGI) from Form 1040 (line 11) and add back a very limited set of untaxed items — non‑taxable Social Security benefits, tax‑exempt i...
Since 2025, federal revenues rose materially while outlays also climbed, producing a 2025 deficit that was marginally smaller than 2024’s but still historically large; CBO reports the FY2025 deficit a...