Medicare is federal health insurance for people over 65 years it also covers people under 65 with certain disabilities and Kidney failure and it covers 55 million old people and young people with disabilities. Medicare accounts for 14 percent of federal spending which amounts to 505$ Billion in 2014, while the Social security accounts for 24 percent of federal spending (The facts on Medicare spending and financing, Kaiser family foundation, 2015). The Social security is pension provided to retired employees over the age of 62 and a person over 65 is eligible to receive both Social security and Medicare if they are their spouse have paid payroll taxes for 10 years( An overview of Medicare, Kaiser family foundation, 2016). Medicare funding is
