Spending on elderly and disabled Medicaid beneficiaries is high
Elderly and disabled beneficiaries make up a majority of Medicaid spending.
https://www.pgpf.org/chart-archive/0094_spending_medicaid_beneficiaries
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Elderly and disabled beneficiaries make up a majority of Medicaid spending.
https://www.pgpf.org/chart-archive/0094_spending_medicaid_beneficiaries
Michael A. Peterson releases a statement on the President's budget.
Peter G. Peterson releases a statement on sequestration.
https://www.pgpf.org/press-release/statement-from-foundation-chairman-pete-peterson-on-sequestration
Projections of federal healthcare spending have improved but are still climbing as a share of the economy.
https://www.pgpf.org/chart-archive/0200_healthcare_share_econ_proj
“Voters have made it overwhelmingly clear that they want their leaders to pay for all new spending with credible offsets, and they strongly support many proposed options to fully fund the package,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/09/fci-press-release
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for May 2022.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-may-2022
Reconciliation provides for expedited consideration of certain legislation; its use is particularly important in the Senate because it limits the time allowed for debate and prevents the inclusion of non-budgetary provisions.
https://www.pgpf.org/budget-basics/what-is-budget-reconciliation
If all of the proposals in the budget were adopted, government debt would still soar to unsustainable levels in the long run, even under the optimistic assumptions used in the administration’s long-run projections.
Here's a breakdown of the major programs in the American Rescue Plan and how much they cost.
https://www.pgpf.org/infographic/whats-in-the-american-rescue-plan
U.S. health care spending is highly focused on the costliest patients.
https://www.pgpf.org/chart-archive/0209_healthcare_spending_focused