News Headlines Article

Healthcare looms large as debt-reduction target in CBO analysis
Modern Healthcare

Federal healthcare programs were prominent targets in a new Congressional Budget Office analysis of debt-reduction options for policymakers expected to tackle that issue soon. The nonpartisan CBO noted that without “significant changes,” federal healthcare spending is projected to continue growing much faster than the economy and the revenue necessary to pay for it. Specifically, an aging population is expected to accelerate growth of both Medicare and the long-term-care services financed through Medicaid.