Long-Term Projections of Health Care Spending and the Implications for the Federal Budget
Presentation by Julie Topoleski, Director of CBO’s Labor, Income Security, and Long-Term Analysis Division, at the 15th Annual Meeting of the OECD’s Working Party of Parliamentary Budget Officials and Independent Fiscal Institutions.
Health care spending in the United States has grown over time. Since 1960, it has more than tripled as a percentage of gross domestic product. This presentation highlights CBO's long-term projections of health care spending and the implications for the federal budget.