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U.S. Healthcare Spending to Reach Almost 20% of Economy by 2032
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#16cb443d ver:0.23

By 2032, U.S. healthcare spending is projected to make up almost 20% of the economy, growing at 5.6% annually. Meanwhile, rising prices and debt burden are putting pressure on ordinary people, with half of NYC families lacking sufficient income. The Federal Reserve's interest rate hikes have failed to control inflation, and the U.S. public debt stands at over $34 trillion. The Biden administration has borrowed $1.2 trillion in 8 months, with interest costs surpassing defense spending. Urgent action is needed to rein in spending and reduce fiscal deficits. #HealthcareSpending #EconomicChallenges #Inflation #DebtCrisis...

#newstr #UsEconomy #HealthcareSpending #Cms #Medicare #Medicaid #InsuranceCoverage

https://here.news/story/16cb443d?ver=0.23