7 Key Facts About U.S. Healthcare Spending
Healthcare spending in the United States is a key driver of the nation’s fiscal imbalance and has risen notably over the past few decades.
Read MoreInfographic: Spending on Prescription Drugs Has Been Growing Exponentially
The growing cost of prescription drugs presents a significant challenge to the quality and affordability of healthcare in the United States.
Read MoreWhat Are Interest Costs On The National Debt?
Interest costs are on track to become the largest category of spending in the federal budget.
Read MoreHow Does Government Healthcare Spending Differ From Private Insurance?
Government insurance programs, such as Medicare and Medicaid, made up 45 percent, or $1.9 trillion, of national healthcare spending.
Read More10 Largest Budget Functions
Here are the top ten spending categories for the federal budget.
Read MoreBudget Basics: What Is Sequestration?
Sequestration is a budget procedure used by lawmakers to cancel or limit funding in order to meet budget goals.
Read MorePresident’s Budget Would Reduce Deficits by Raising Taxes on the Wealthy and Corporations
While this budget would be a step in the right direction, it does not adequately address the underlying structural imbalance that defines our fiscal outlook.
Read More6 Key Charts on Tax Breaks
The United States lost an estimated $1.8 trillion in revenues through tax expenditures in 2023.
Read MoreThe Next Fiscal Cliff: Big Tax Decisions to Make in 2025
In 2017, Congress and the President enacted the Tax Cuts and Jobs Act (TCJA), which made significant changes to the tax code for individuals and corporations.
Read MoreInfographic: U.S. Healthcare Spending
Improving our healthcare system to deliver better quality care at lower cost is critically important to our nation’s long-term economic and fiscal well-being.
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