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Medicare is the fastest-growing part of the federal budget aside from interest payments — a problem that has only been made worse by declining revenues under the GOP tax law.

Expand chart
Data: Congressional Budget Office; Chart: Chris Canipe/Axios

The big picture: Spending is expected to grow by 117% over the next decade due to rising health care costs and an aging population. There’s no sense of urgency in Washington about this. And even if there was, this political environment sinks any chance of massive problem-solving.

Why it matters: The Medicare trust fund runs dry by 2026 if Congress doesn't pass benefit cuts.

  • While that just means that there won’t be money to fill in the gap between Medicare spending and tax revenue paying for it, the gap only gets worse after that.

What they’re saying: “Lawmakers have their head in the sand,” said Marc Goldwein of the Committee for a Responsible Federal Budget. “For the most part, nobody wants to touch this.”

Go deeper: What happens when Medicare goes broke.

Go deeper

4 mins ago - Technology

Race and technology in America

Illustration: Annelise Capossela/Axios

The technology industry is famously determined to change the world — but its efforts to diversify its workforce and remove bias from its products haven't changed nearly enough.

Biden: "Being a cop today is one hell of a lot harder than it's ever been"

President Biden speaks during the 40th Annual National Peace Officers Memorial Service at the U.S Capitolon Oct. 16. Photo: Brendan Smialowski/AFP via Getty Images

President Biden speaking at the U.S. Capitol on Saturday honored members of law enforcement who died in the line of duty in 2019 and 2021 and saluted those who are currently serving.

Driving the news: "We expect everything of you, and it's beyond the capacity of anyone to meet the total expectations. Being a cop today is one hell of a lot harder than it's ever been," Biden said.

Updated 5 hours ago - World

Islamic State claims responsibility for deadly bombing in southern Afghanistan

The mosque after the explosion in southern Kandahar province on Oct. 15. Photo: Murteza Khaliqi/Anadolu Agency via Getty Images

The Islamic State group claimed responsibility for a massive blast that tore through a crowded Shiite mosque in the southern Afghan city of Kandahar on Friday, killing at least 47 people and injuring dozens more, AP reports.

Why it matters: Friday's attack was the deadliest to strike Afghanistan since the U.S. withdrew its troops from the region and is the second major attack on a Shiite mosque in a week, underscoring the Taliban's growing security threat from other militant groups.