Long-Term Medicare Spending Projections
Medicare spending is projected to rise rapidly.
https://www.pgpf.org/chart-archive/0276_medicare_spending_long-term
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Medicare spending is projected to rise rapidly.
https://www.pgpf.org/chart-archive/0276_medicare_spending_long-term
The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues.
United States per capita healthcare spending is nearly three times the average of other developed countries.
The federal debt is on an unsustainable path
Historically, debt and deficits rose with wars and economic downturns. Today, they rise from factors such as growing healthcare costs and an aging population.
U.S. dependency on foreign lenders to finance the public debt has risen sharply.
https://www.pgpf.org/chart-archive/0057_foreign-holders-debt