Prescription Drug Costs Continue to Grow
Prescription drug costs have increased significantly over the past several decades.
https://www.pgpf.org/chart-archive/0319-prescription-drug-costs
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Prescription drug costs have increased significantly over the past several decades.
https://www.pgpf.org/chart-archive/0319-prescription-drug-costs
Government health insurance is paying for a larger share of prescription drug expenditures.
https://www.pgpf.org/chart-archive/0320-prescription-drug-costs-composition
Federal budget deficits are projected to be high despite low unemployment.
https://www.pgpf.org/chart-archive/0306-high-deficits-low-unemployment
As the population ages, fewer workers will be paying taxes to support each Social Security beneficiary.
https://www.pgpf.org/chart-archive/0004_worker-benefit-ratio
Over one-third of American children are covered by Medicaid or the Children's Health Insurance Program (CHIP).
https://www.pgpf.org/chart-archive/0097_children_medicaid_chip
With our economy in recovery, the national debt rising unsustainably, the country still grappling with a devastating pandemic, and lawmakers pursing significant new legislation, America faces many critical questions for its future. To shed light on the best way forward, two top economists participated in a panel discussion as part of the latest edition of the Peterson Foundation Economic Forum.
“As we continue to face significant economic turbulence and uncertainty, fiscal confidence is near a record low, because voters know that our growing national debt makes it more difficult to build a strong and stable future,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2022/04/fci-press-release
The CBO provides two projections of the nation's fiscal future over the next 75 years: one based upon laws currently on the books; and one that reflects selected changes to those laws that lawmakers are widely expected to make.
https://www.pgpf.org/analysis/cbo-releases-the-2010-long-term-budget-outlook
The answer to how to address the multitude of challenges and their disproportionate impact is to pay for it — set priorities and ensure there is revenue to meet those priorities — not through smoke and mirrors or budget gimmicks.
https://www.pgpf.org/expert-views/americas-fiscal-and-economic-outlook/debt-matters
The United States ranks 13th in quality of overall infrastructure according to the World Economic Forum.
https://www.pgpf.org/chart-archive/0215_infrastructure-ranking-by-country-world-economic-forum