See also: L'Argent (disambiguation) Stephen Michael Largent (born September 28, 1954) is a retired American football player, enshrined in the Pro Football Hall of Fame, and a former Republican politician, having served in the U.S. House of Representatives for Oklahoma, from 1994 until 2002.
Medicareâs 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.
ï· Health spending is projected to be 19.9 percent of GDP by 2022. Major Findings by Payer. Medicare. ï· Due to a deceleration in growth across most service types in 2012, Medicare spending. growth is estimated to have slowed to 4.6 percent, down from 6.2 percent growth in. 2011, for a total of $580.0 billion. ï· Projected Medicare spending growth of 4.2 percent in 2013 reflects the 2-percent. reduction in Medicare payments mandated in the Budget Control Act of 2011, also. referred to as sequestration.