Testimony Economic Challenges Facing Middle Class Families
C. Eugene Steuerle
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Current law schedules Congress to spend more on health care than in any other area. The total amount spent in 2006 was about $2.2 trillion ($19,000 per household), of which government provided about $1.3 trillion ($11,000 per household). Unfortunately, we are likely spending more on health care in a way that increases rather than decreases the number of uninsured. As a consequence, the way our health budget is evolving has two major effects. By absorbing most future revenue growth, health policy embedded in current law is deterring Congress from ameliorating all the non-health risks facing middle-class families. Within the health system itself, current policy is likely adding to risks - including the risks of being uninsured - rather than reducing them.
Research Areas Economic mobility and inequality Health and health care Taxes and budgets
Tags Fiscal policy Health insurance Medicaid and the Children’s Health Insurance Program  Medicare Individual taxes
Policy Centers Health Policy Center