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Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
A key assessment of poverty in America is the Official Poverty Measure (OPM), which is calculated by the United States Census Bureau using a range of income and economic data.
This budget explainer describes what Medicaid is, how it is financed, and who benefits from it.
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.
Topics will include fiscal policy decisions, ways to achieve long-term reform, market news, and other critical matters shaping the economic future of the country.
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.
Post-Election: The Fiscal Cliff and Beyond - Alan Greenspan, Paul Volcker: Video
Who Pays For Medicare?
Most Medicaid dollars are spent on disabled and elderly beneficiaries, whose incomes and financial resources are low enough to qualify for the program.