Almost 25% of Healthcare Spending is Considered Wasteful. Here’s Why.
The United States has one of the most expensive health systems in the world.
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The United States has one of the most expensive health systems in the world.
Federal outlays for Unemployment Insurance are rapidly returning to previous levels. Nevertheless, unemployment remains higher than pre-pandemic levels.
Medicaid’s role in state budgets is unique, since the program acts as both an expenditure and the largest source of federal support in state budgets.
https://www.pgpf.org/budget-basics/budget-explainer-how-do-states-pay-for-medicaid
The child tax credit (CTC) is a measure administered though the tax code that is designed to make raising children more affordable by easing the financial burden faced by families.
https://www.pgpf.org/budget-basics/what-is-the-child-tax-credit
Every month the U.S. Treasury releases data on the federal budget, including the current deficit. Here is the data for March 2024.
https://www.pgpf.org/the-current-federal-budget-deficit/budget-deficit-march-2024
The coronavirus (COVID-19) pandemic has caused federal spending on Medicaid to rise sharply as millions of Americans seek benefits under the program.
https://www.pgpf.org/blog/2021/07/spending-on-medicaid-spiked-due-to-the-coronavirus-pandemic
The Treasury projects that debt as a percentage of GDP will grow to more than five times the size of the U.S. economy in the next 75 years.
https://www.pgpf.org/blog/2024/03/delaying-fiscal-reform-is-costly-annual-treasury-report-warns
Properly addressing the nation's aging infrastructure requires action not only at the federal level, but also at the state and local levels.
https://www.pgpf.org/blog/2023/04/state-and-local-infrastructure-spending-a-closer-look
“Today’s new survey shows that fiscal concerns are top of mind in this election, and they want leaders who are committed to solutions,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/04/fci-press-release
“As Washington navigates short-term budget battles, our long-term fiscal outlook keeps getting more and more dangerous," said Michael A. Peterson.