Growing Healthcare Costs in the U.S.
Total U.S. health spending (public and private) is projected to rise to nearly one-fifth of the economy by 2025.
https://www.pgpf.org/chart-archive/0056_health-care-costs-proj
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Total U.S. health spending (public and private) is projected to rise to nearly one-fifth of the economy by 2025.
https://www.pgpf.org/chart-archive/0056_health-care-costs-proj
The portion of health spending paid by the government is growing.
https://www.pgpf.org/chart-archive/0090-composition-health-spending
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
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for October 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-october-2021
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for November 2021.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-november-2021
“This CBO score is the latest evidence that this bill needs to be improved as it moves through the legislative process," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
“Our high and rising debt makes us less prepared for the next pandemic, less secure against future adversaries, less resilient to the changing climate, and less able to build the strong," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
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