Federal vs. State and Local Infrastructure Spending
Most infrastructure spending in the United States comes from state and local governments
https://www.pgpf.org/chart-archive/0274_federal_state_local_infrastructure_spending
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Most infrastructure spending in the United States comes from state and local governments
https://www.pgpf.org/chart-archive/0274_federal_state_local_infrastructure_spending
State and local governments outspend the federal government in every infrastructure category
https://www.pgpf.org/chart-archive/0275_infrastructure_spending_by_category
Medicare is an essential health insurance program serving millions of Americans, and a major part of the federal budget and our fiscal outlook.
“Crossing $35 trillion in debt is a stark reminder that we need to get serious about securing America’s fiscal future," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.
“As we approach the final months of the election campaign, voters want to hear more from their candidates about solutions for the $35 trillion and growing national debt.” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/07/fci-press-release
Projections of federal healthcare spending have improved but are still climbing as a share of the economy.
https://www.pgpf.org/chart-archive/0200_healthcare_share_econ_proj
“CBO’s latest report shows just how vulnerable we are to rising interest rates, and voters are paying attention,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2023/03/fci-press-release
Public schools for students in kindergarten through 12th grade are financed through a combination of local, state, and federal dollars in proportions that vary across and within states.
https://www.pgpf.org/budget-basics/how-is-k-12-education-funded
The Medicare Advantage allows beneficiaries enrolled in both Part A and Part B to receive benefits from private plans.
https://www.pgpf.org/budget-basics/what-is-medicare-advantage