Health care costs present the largest fiscal challenge facing our country today. As Medicare and Medicaid spending rises steeply, and private sector costs continue to soar, a larger and larger percentage of America’s output will go towards paying for health care.
Dr. Peter Orszag, Director of the Congressional Budget Office, will release compelling and reliable data on how health care will affect the future of the United States budget. These new figures illustrate a growing tension between health care costs and the rest of the budget, a tension that is projected to increase dramatically in coming years.
Added: November 13, 2007