Organization
Grover M. Herman Center for the Federal Budget at the Heritage Foundation
214 Massachusetts Avenue NEWashington, D.C. 20002-4999
The Heritage Foundation is a prominent American conservative think tank based in Washington, D.C., founded in 1973 to promote policies of free enterprise, limited government, and a strong national defense.
Coverage areas
Guests (1)
Episodes (1)
2026-07-24
The Medicare Time Bomb: Addressing a $60 Trillion Unfunded Liabilitywith Robert E. Moffit, PhD
In the latest episode of the Health Policy Podcast, host Bryan Hyde discusses Medicare's significant unfunded liabilities with Robert E. Moffit, PhD, a senior research fellow at the Heritage Foundation. Moffit highlights that Medicare's unfunded liabilities are estimated at $60 trillion, posing a substantial fiscal challenge for future generations. He emphasizes the need for bipartisan solutions to improve the efficiency of Medicare financing and reduce healthcare costs.
Notable quotes
“With Medicare and Medicaid together today, we are spending about $2 trillion on both of those programs.”
“The unfunded liabilities of the Medicare program... comes down to $60 trillion.”
“For Gen Z, the kids in their 20s, they're going to get hit by a fiscal freight train.”
“This issue stimulates profound fear among members of the House and Senate because it's big, it's complex.”
“We have a poisonous polarization in our country today that we did not have during the Reagan years.”
“There is so much waste in the system that we could cure, in my view, by injecting some very, very stiff doses of free market principles.”