State and Federal Medicaid Spending in Billions of Real 2010 Dollars
State and Federal Medicaid Spending in Billions of Real 2010 Dollars
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Poster-Size Image In this chart Mercatus Center Senior Research Fellow Veronique de Rugy shows that, based on the Congressional Budget Office’s (CBO) long-term projections, Medicaid spending will reach levels far above any amount ever experienced in U.S. history.
State and federal spending on Medicaid is projected to grow from roughly $465 billion today to about $1 trillion 30 years from now. If this spending trend persists, by 2080 Med