Health as a Percentage of Total Federal Spending
by The Brookings Institution on Feb 26, 2014 | Views: 124 | Score: 2
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by The Brookings Institution on Feb 26, 2014 | Views: 124 | Score: 2
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In 1962, before Medicare and Medicaid got going, overall health spending (Medicare, Medicaid, VA, government employees health insurance, etc.) amounted to 2% of all federal outlays. By 1992, it was up to 17%. This year, it will be around 28%. The White House last year projected it would top 30% in a couple of years.