Thursday, January 28, 2010

Reduce Federal Spending - Reform Health Care.

The largest consumer of health care services in America is...the Federal government.

The federal government’s spending on health care totaled more than $1 trillion in 2009.

Federal outlays for Medicare and Medicaid are about $700 billion; tax preferences for health care (especially the exclusion of premiums for employment-based health insurance from income and payroll taxes) amount to more than $250 billion;

....and the federal government also pays for veterans’ health care, public health initiatives, and other health programs.

Already, those direct and indirect payments for health care account for nearly 60 percent of total health expenditures for the nation.

Health Care reform IS Federal spending reform.

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