TheFederalBudgetandApril25,2024HealthCarePolicyPresentationataconferenceorganizedbytheEconomicPolicyInnovationCenterandtheParagonHealthInstitutePhillipL.SwagelDirectorFormoreinformationabouttheorganizers,seehttps://epicforamerica.org/andhttps://paragoninstitute.org/.CompositionofFederalOutlays,2024and2054PercentTotaloutlays23Netinterest138777NoninterestInCBO’sprojectionsfor2054,netinterestcostsNoninterestoutlaysaccountfornearlyaquarter100ofallfederaloutlays,and3123Discretionaryspendingforthemajor75healthcareprograms10Othermandatoryaccountsfortwo-fifthsof16noninterestoutlays,bothof5028SocialSecuritywhichrepresentsignificantincreasesfrom2024.262539Majorhealth28careprograms020242054Source:CongressionalBudgetOffice,TheLong-TermBudgetOutlook:2024to2054(March2024),Figure2-3,www.cbo.gov/publication/59711.CompositionofFederalOutlaysfortheMajorHealthCareProgramsPercentageofgrossdomesticproductProjected108Growthinspendingon6MedicareisprojectedtoMedicareaccountformorethantwo-thirdsoftheincreasein4spendingonthemajorhealthcareprogramsoverthenext30years.2Medicaid,CHIP,andpremiumtaxcreditsandrelatedspending02009201420192024202920342039204420492054Source:CongressionalBudgetOffice,TheLong-TermBudgetOutlook:2024to2054(March2024),Figure2-4,www.cbo.gov/publication/59711.DistributionofTotalFederalSubsidiesforHealthInsuranceOvert...
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