In 1970, 7% of federal government spending was for healthcare. What is this figure today?
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In 2014, 28% of federal government spending was for healthcare. This amounts to an average of $8,628 for every household in the United States. Under current federal polices, the Congressional Budget Office projects that the major federal healthcare programs will consume 48% of all federal revenues by 2040.
DocumentationGovernment Spending by FunctionCBO Projections
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