'Mandatory' Federal Health Care Spending Now Tops $1,000,000,000,000
(CNSNews.com) - "Mandatory" federal health care spending under what the Congressional Budget Office calls "major health care programs" exceeded $1,000,000,000,000 for the first time in fiscal 2016, according to the latest historical data published by the CBO [1].
The "major health care programs" included in the CBO's historical tables on annual "mandatory outlays" include Medicare, Medicaid, the Children's Health Insurance Program and subsidies for people buying health insurance through the Obamacare exchanges.
[This story has been updated.]
Source URL:
http://www.cnsnews.com/news/article/terence-p-jeffrey/cbo-chip-medicaid-medicare-obamacare-subsidies-top-1-trillion
