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Discover why our fiscal health and economic strength are so closely tied, and why it is important to get the deficit under control and work toward a balanced budget.
Controlling our structural budget deficits will require major changes in budget policy.
Most Medicaid dollars are spent on disabled and elderly beneficiaries, whose incomes and financial resources are low enough to qualify for the program.
Who Pays For Medicare?
The United States healthcare system is the most expensive in the world, and our healthcare costs are projected to keep rising. Despite these high costs, our health outcomes are generally no better than those of our peers, and in some cases are worse.
A large, comprehensive plan that addresses our long-term structural deficits is clearly the best way forward for America’s future economy. However, more modest proposals, which would begin to take meaningful steps towards putting our debt on a sustainable path, would also be worthwhile.
U.S. health care spending is highly focused on the costliest patients.
Projections of federal healthcare spending have improved but are still climbing as a share of the economy.
Medicaid provides health insurance to low-income Americans. Children make up nearly half of the program’s enrollment, but most spending is directed towards the elderly and disabled.