Given the projections of growing deficits, record levels of debt, unsustainable entitlement programs, and the negative effects all of these have on the economy and families’ well-being, attempting to avoid dealing with our fiscal challenges would be extremely detrimental.
The passage of Medicare and Medicaid represented one of the most significant accomplishments of Lyndon Johnson’s Great Society. Together, they formed critical components of perhaps the most successful "first year” presidency in U.S. history.
In 2014, health care spending in the United States rose 5.3 percent to $3 trillion, or $9,523 per person. Controlling health care costs is important to the long-term health of the United States’ economy and its people.