Why the American Healthcare System Underperforms
Healthcare in the United States is very expensive — but we don’t get what we pay for.
https://www.pgpf.org/blog/2023/07/why-the-american-healthcare-system-underperforms
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Healthcare in the United States is very expensive — but we don’t get what we pay for.
https://www.pgpf.org/blog/2023/07/why-the-american-healthcare-system-underperforms
Higher short- and long-term Treasury rates mean that the federal government's borrowing costs will also rise.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
Social Security is an integral part of the nation’s fiscal picture and a vital economic lifeline for millions of recipients.
As the largest program in the federal budget, Social Security is a critical part of our nation’s fiscal picture and vital to millions of elderly recipients.
https://www.pgpf.org/blog/2023/06/without-reform-social-security-could-become-depleted-by-2033
“America’s fiscal outlook is more dangerous and daunting than ever, threatening our economy and the next generation."
“Voters understand the urgency of our fiscal challenges, and that’s why they want lawmakers to take concrete steps to secure our future,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/06/fci-press-release
For 2023, the Congressional Budget Office (CBO) estimated in May that the federal budget deficit will total $1.5 trillion.
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for April 2023.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-april-2023
According to CBO, provisions in the Fiscal Responsibility Act of 2023 will result in a $1.5 trillion decrease to the deficit over the next 10 years.
https://www.pgpf.org/blog/2023/06/how-much-will-the-debt-ceiling-deal-reduce-deficits