Entitlements

CBO: Healthcare spending could spur federal debt to twice the size of the U.S. economy by 2037

By

If the federal debt continues to grow at current rates, it is on track to be almost twice the size of the U.S. economy by 2037, driven largely by entitlement spending on baby boomers, a new analysis projects.

Obama administration looking at big healthcare cuts

Obama administration looking at big healthcare cuts

President Obama, much to the dismay of fellow Democrats and healthcare providers, is expected to ask Congress and its super committee to find $300 billion to $500 billion of savings over a decade in entitlement programs.