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Originally Posted by dellinger63
In 1969 total Fed spending was $183.6 billion, payments for medical services for seniors was $5.7 billion (3%) and total Fed spending for healthcare, including Public Health Services, Vendor Payments (welfare) and R&D was 10.9 billion
(6%)
In 2012 total spending is $3.728 trillion payments for medical services for seniors is $492.3 billion (13%) and total Fed spending for healthcare, including Public Health Services, Vendor Payments (welfare) and R&D is $866.1billion (23%)
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Yes - and? How many people does that cover, for what services? We have had a bit - oh, millions - of a population explosion. And the healthcare industry has been taking record profits for some time now
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Yea they fixed it!!!!! Indications of how harmful Obamacare would be for the country's economic health
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Yeah. They did "fix it". It used to cover thousands, now it covers millions. Pretty well done, actually. One of the most successful social programs
ever.
Which has nothing at all do with the few industry reforms implemented in the PPACA. Hoever, the CBO says the PPACA will be good for the countries economic health, btw - for example, it extends Medicare by 12 years, while reducing waste in that program by 5 billion dollars (which helps pay for the program)