Medicare Is a Program Jointly Sponsored by Federal and State

question 76

True/False

Medicare is a program jointly sponsored by federal and state governments for those eligible for public assistance.

---

Definitions:

Global Fund-raising

The process of gathering voluntary contributions of money or resources from individuals, businesses, charitable foundations, or governmental agencies across the world to support specific causes or activities.

Surplus Wealth

Excess resources or funds that exceed the necessary amount required for basic needs or operations, often available for investment or philanthropy.

Tax Cuts and Jobs Act

A comprehensive overhaul of the United States tax code passed in 2017, aimed at reducing tax rates for individuals and corporations while eliminating various deductions and credits.

Financial Choice Act

U.S. legislation proposed to roll back regulations set in place by the Dodd-Frank Wall Street Reform and Consumer Protection Act.