The Trillion-Dollar Weight: How Healthcare Subsidies and Tax Preferences Are Driving America’s Fiscal Crisis
Main Facts The United States federal government faces an unprecedented fiscal trajectory, driven largely by decades of escalating healthcare spending and extensive tax preferences. According to Congressional Budget Office (CBO) projections, federal budget deficits as a share of Gross Domestic Product (GDP) are set to rise from 5.8 percent in 2026 to 6.7 percent in…
