10 likes | 102 Views
20.7c | CBO projects spending on health entitlements will account for the entire increase in the projected size of the federal government. Federal budget outlays as a percentage of GDP. blog.american.com.
E N D
20.7c | CBO projects spending on health entitlements will account for the entire increase in the projected size of the federal government Federal budget outlays as a percentage of GDP blog.american.com Health entitlements include the net cost of Medicare (gross spending minus non-federal revenues such as premium payments, certain payments by states to Medicare, and amounts paid to providers and recovered), federal outlays for Medicaid and CHIP, and outlays for health insurance subsidies provided through the exchanges created by The Affordable Care Act.