Health care agency passes $1 trillion milestone

by Ricardo Alonso-Zaldivar

The government's biggest health care agency is passing the $1 trillion mark in President Barack Obama's new budget, a milestone for the Department of Health and Human Services.

Its 2015 budget calls for spending just over $1 trillion, and budget officials say that's a first.

HHS runs Medicare, Medicaid and the insurance expansion in Obama's , which together provide coverage for about 1 in 3 Americans.

The department's new trillion-dollar budget doesn't count another $60 billion for tax credits to finance private coverage under the health care law, an amount included in the Treasury spending plan.

An aging population that's expanding the Medicare rolls and Obama's push to cover uninsured workers and their families are helping to drive the long-term trend of greater government spending on .

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Liberal group outlines $385B in Medicare cuts

Nov 14, 2012

(AP)—A think tank allied with the White House is releasing a plan for Medicare cuts—hoping to stave off even bigger health care reductions in upcoming budget talks with Congress.

Recommended for you

Study reveals state of crisis in Canadian foster care system

Oct 24, 2014

A new study of foster care in Canada led by a researcher at Western University reveals a shrinking number of foster care providers are available across the country to care for a growing number of children with increasingly ...

Researchers prove the benefits of persimmons for diet

Oct 24, 2014

Alba Mir and Ana Domingo, researchers from the Department of Analytical Chemistry of the University of Valencia, under the supervision of professors Miguel de la Guardia and Maria Luisa Cervera, from the same department, ...

Hand blenders used for cooking can emit persistent chemicals

Oct 24, 2014

Eight out of twelve tested models of hand blenders are leaking chlorinated paraffins when used according to the suppliers' instructions. This is revealed in a report from Stockholm University where researchers analyzed a ...

User comments