News
US Healthcare Spending Jumped to $5. 3 Trillion, or 18% of Economy, in 2024
3+ mon, 5+ day ago (874+ words) Here's what else is happening. U. S. healthcare spending jumped 7. 2% to $5. 3 trillion in 2024, outpacing the growth of the broader economy, according to new data released by the Centers for Medicare & Medicaid Services. The 2024 increase roughly matched a 7. 4% increase in 2023, and the two-year…...
GOP Bill Would Benefit Wealthy Households and Hurt Poor Ones: CBO
10+ mon, 1+ week ago (685+ words) The massive reconciliation bill bearing much of President Trump's economic agenda would reward upper-income households while hurting low-income ones, the Congressional Budget Office said Thursday in a new analysis. The bill passed the House in May and is currently under…...
GOP Bill Would Slash Taxes for Top Earners, but Some Low Earners Could. ..
10+ mon, 1+ week ago (270+ words) The reconciliation bill containing much of President Trump's agenda would provide a significant tax cut for high-income households, but low-income groups would receive far less of a boost and in some cases actually see their tax burden increase, according to…...