U.S. healthcare spending rose by 7.5% to $4.9 trillion in 2023 ... rising 11.4% to $449.7 billion after a 7.8% rise in 2022, largely due to the use of weight-loss and diabetes drugs, a CMS ...

WASHINGTON: Healthcare spending in the United States is projected to have risen 7.5% in 2023 to US$4.8 trillion, according to federal data, outpacing the projected annual gross domestic product ...

Yet again, the federal government spent far more than it collected in revenue, racking up a budget deficit of $1.8 ... spending on Social Security and Medicare increased to more than $1.4 trillion ...

30 was up 8 ... trillion due to a combination of higher interest rates and more debt to finance. The total exceeded outlays for the Medicare healthcare program for seniors and for defense spending.

America’s budget deficit hit a massive $1.8 trillion in ... government pulled in $4.9 trillion in receipts, but it still wasn’t enough to cover the $6.75 trillion in spending.

In 2019 alone, total US healthcare expenditures reached $3.8 trillion – an amount expected to surpass $7 trillion by 2031. The comprehensive study, published in JAMA, examined spending across ...

Spending on retail prescription drugs had the biggest increase, rising 11.4% to $449.7 billion after a 7.8% rise in 2022, largely due to the use of weight-loss and diabetes drugs, a CMS official ...

Spending on retail prescription drugs had the biggest increase, rising 11.4% to $449.7 billion after a 7.8% rise in 2022, largely due to the use of weight-loss and diabetes drugs, a CMS official ...