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2024-06-20 10:04:48

The Federal Reserve, Public Debt, and the Impact of Monetary Policies on the US Economy on Nostr: U.S. Healthcare Spending Projected to Reach $7.7 Trillion in 10 Years =============== ...

U.S. Healthcare Spending Projected to Reach $7.7 Trillion in 10 Years
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#16cb443d ver:0.28

U.S. healthcare spending is projected to reach $7.7 trillion in the next 10 years, accounting for nearly 20% of the country's GDP by 2032. Spending in 2023 increased by 7.5%, with Medicare and Medicaid seeing significant growth. The rising costs of healthcare are putting pressure on the economy, with high debt, inflation, and interest rates. The federal government is projected to pay $870 billion in interest in 2024, and the budget deficit is expected to reach $1.5 trillion. The Biden administration has borrowed $1.2 trillion in the first eight months of fiscal year 2024. It's crucial to rein in spending and reduce fiscal deficits to avoid potential cuts to benefits and maintain economic stability. #HealthcareSpending #USHealthcare #EconomicImpact...

#newstr #UsHealthcare #HealthcareSpending #Cms #Medicare #HospitalSpending

https://here.news/story/16cb443d?ver=0.28
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