Posted on 11/04/2013 9:44:48 PM PST by Olog-hai
The Centers for Medicare and Medicaid Services, which runs the federal government’s major health-care programs as well as the Obamacare insurance exchange, spent $1,113,178,000,000 in fiscal 2013, according to the Monthly Treasury Statement for September, which was released last week.
That sets a record for the most money ever spent by a federal agency or department in a single year.
It also means CMS spent more in inflation-adjusted dollars than the entire federal government spent in 1965, when President Lyndon Johnson signed the legislation creating the Medicaid and Medicare programs. …
(Excerpt) Read more at cnsnews.com ...
liberals tell us this is progress, that it’s wrong to want to change things back.
when you make suck-ass changes , you ought to have the balls to change back to what worked better. being progressive doesn’t mean that’s change, that means you’re a stinkin liberal trying to ram’your agenda through.
That’s over $3500 per year for every man, woman and child spent by the Federal government and does not include the over $400 Billion that is spent by government at the State and local level. Until recently when ObamaCare started killing the market, a high deductible health plan that included free annual check-ups for medical, dental and vision, as well as free immunizations, was about $3500 per year. Imagine, without the bureaucracy and need for a 2700 page bill the government could simply have given everyone a voucher for a high deductible plan which they could get as a minimum and we could have had true universal health coverage at enormous savings. What people normally spend on health insurance premiums could just be paid into a health savings account to cover the deductibles.
The amount spent is such a huge part of total spending. At this rate, our financial system will collapse soon.
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