Growing Healthcare Costs in the U.S.
Total U.S. health spending (public and private) is projected to rise to nearly one-fifth of the economy by 2025.
https://www.pgpf.org/chart-archive/0056_health-care-costs-proj
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Total U.S. health spending (public and private) is projected to rise to nearly one-fifth of the economy by 2025.
https://www.pgpf.org/chart-archive/0056_health-care-costs-proj
The portion of health spending paid by the government is growing.
https://www.pgpf.org/chart-archive/0090-composition-health-spending
Prescription drug costs have increased significantly over the past several decades.
https://www.pgpf.org/chart-archive/0319-prescription-drug-costs
Government health insurance is paying for a larger share of prescription drug expenditures.
https://www.pgpf.org/chart-archive/0320-prescription-drug-costs-composition
Federal budget deficits are projected to be high despite low unemployment.
https://www.pgpf.org/chart-archive/0306-high-deficits-low-unemployment
“Americans across party lines understand that fiscal responsibility is an essential component of effective leadership and policymaking,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/06/fci-press-release
The most precious asset the nation has is its people. But we are leaving far too many behind.
United States per capita healthcare spending is nearly three times the average of other developed countries.
The 2016 Fiscal Summit convenes lawmakers and leading experts in election year discussion about the leadership required to secure America’s fiscal and economic future.
https://www.pgpf.org/press-release/2016/04/2016-fiscal-summit-press-release
Putting our nation on a sustainable fiscal path creates a positive environment for growth, opportunity, and prosperity. Unfortunately, America is on a dangerous long-term fiscal path.
https://www.pgpf.org/infographic/infographic-why-long-term-debt-matters