Healthcare spending grew to a record 17.3% of the U.S. economy last year
Regardless of how we feel about the current health care reform debate, of whether said reform would bring down costs or not, there is one thing on which we all should agree: The current system is not sustainable over the long haul.
Reporting from Washington - In a stark reminder of growing costs, the government has released a new estimate that healthcare spending grew to a record 17.3% of the U.S. economy last year, marking the largest one-year jump in its share of the economy since the government started keeping such records half a century ago.
Regardless of how we feel about the current health care reform debate, of whether said reform would bring down costs or not, there is one thing on which we all should agree: The current system is not sustainable over the long haul.