percentage of federal budget for medicare
Medicareâs share of the federal budget is projected to increase from 14.3% in 2015 to 15.2% in 2024, while Medicare spending as a share of GDP is projected to increase from 3.0% in 2015 to 3.3% in 2024 (Figure 4) . Figure 4: Actual and Projected Net Medicare Spending, 2010-2014.