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.
The Congressional Budget Office says that federal spending for major health care programs and Social Security are on track to 14 percent of the gross domestic product by 2038, twice the 7 percent average of the past 40 years.