Increasing the Value of Federal Spending on Health Care, July 16, 2008, Testimony before the Committee on the Budget, U.S. House of Representatives.
to 25 percent in 2025 and 49 percent in 2082, and net federal spending on Medicare and Medicaid will rise from 4 percent of GDP to almost 20 percent over the same period. Many of the other factors that will play a key role in determining future fiscal
conditionsincluding the actuarial deficit in Social Security and a decision about extending the 2001 and 2003 tax legislation past its scheduled expiration in 2010pale by comparison over the long term with the impact and challenges of containing growth in the cost of federal health insurance programs.”
Sorry, comments are closed for this post.