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Transfers from programs like Medicaid, CHIP, and SNAP represent an increasing share of income for low to middle income groups.
Waiting to act raises the cost of stabilizing the debt.
The latest budget outlook released by the Congressional Budget Office (CBO) is the first to fully capture the budgetary impact of the coronavirus (COVID-19) pandemic and the federal legislation enacted in response to it.
Amid ongoing negotiations in Washington since the expiration of key relief programs, 89% of voters say that America needs another coronavirus economic aid package, according to the latest Financial Times-Peterson Foundation US Economic Monitor.
The latest Financial Times-Peterson Foundation US Economic Monitor, released on August 18, 2020, reveals voter concerns on a range of complex policy challenges surrounding the pandemic, reopening schools and vaccine availability.
The growing cost of prescription drugs presents a significant challenge to the quality and affordability of healthcare in the United States.
Despite higher healthcare spending per capita, the U.S. generally does not have better health outcomes.
Healthcare expenditures in the U.S. are much higher than those of other developed countries.
Although the United States spends more on healthcare than other developed countries, its health outcomes are generally no better.