Unbiased Analysis of Today's Healthcare Issues

What is causing U.S. debt to explode?

According to the Congressional Budget Office’s (CBO’s) 2017 Long-Term Budget Outlook, you need to look no further than entitlements for the elderly. Mandatory programs have accounted for a rising share of the federal government’s noninterest spending over the past few decades, exceeding 60 percent for the past several years. Much of the growth has occurred because […]

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How the AHCA will affect the Federal Budget

On the positive side, the American Health Care Act (AHCA) will decrease the federal budget deficit due largely to reductions in Medicaid spending and subsidies for the Health Insurance Exchanges enacted by the Affordable Care Act (ACA).  On the other hand, the AHCA will greatly increase the number of people without health insurance. Federal Spending […]

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Will federal government spending be captured by the elderly?

According to a January 2017 report from the Congressional Budget Office (CBO), spending on entitlement programs for the elderly is the primary factor driving increased budget deficets over the next 10 years.  The CBO states: Outlays rise faster than revenues—by about 5 percent a year, on average—increasing from 20.7 percent of GDP in 2017 to […]

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The coming U.S. debt crisis

The Congressional Budget Office provides some gloomy news on the fiscal health of the federal government in their recent 2016 Long Term Budget Outlook.  They state: If current laws governing taxes and spending did not change, the United States would face steadily increasing federal budget deficits and debt over the next 30 years, according to projections […]

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Health care spending a key driver of future budget deficets

The Congressional Budget Office (CBO) released its 2016 10-year budget projections last month and the numbers do not look good.  CBO estimates that the 2016 federal budget deficit will be more than half a trillion dollars ($544 billion), which will cause the total level of federal government debt to increase to 76% of GDP. How […]

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CBO presents ominous debt projections

Like most years, in recent history, the Congressional Budget Office’s 2014 Long-term Budget Outlook is not rosy. Between 2009 and 2012, the federal government recorded the largest budget deficits relative to the size of the economy since 1946, causing its debt to soar. The total amount of federal debt held by the public is now […]

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CBO vs. Urban: ACA and Unemployment

Will the Affordable Care Act (aka ACA, aka Obamacare) cost American millions of jobs. A recent report by the CBO says yes. CBO estimates that the ACA will reduce the total number of hours worked, on net, by about 1.5 percent to 2.0 percent during the period from 2017 to 2024, almost entirely because workers […]

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CBO 2014 Budget Projections

California Healthline reports that At least one million fewer people than previously expected are projected to obtain health insurance coverage through the Affordable Care Act’s exchanges this year, primarily because of the troubled rollout of the federal health insurance exchange website last fall, according to the Congressional Budget Office’s new annual budget outlook report. WonkBlog has a […]

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The CBO’s Budget Outlook: Not Good

In January, the CBO released a report titled The Budget and Economic Outlook:  Fiscal Years 2010 to 2020.  A summary of the findings is available on the CBO Director’s blog.  Today, however, I focus on CBO’s evaluation of how changes in health care spending affect the federal budget. “Medicaid spending (excluding stimulus funding) increased by […]

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CBO Health Care Expenditure Forecasts

The Congressional Budget Office (CBO) periodically releases its 75-year health care spending projections. Current projections forecast the following health care spending levels: Total spending on health care would rise from 16% of GDP in 2007 to 25% in 2025, 37% in 2050 and 49% in 2082. Federal spending on Medicare (net of beneficiaries premiums) and […]

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