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Politics : A US National Health Care System?

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To: John Koligman who wrote (36655)	5/9/2014 12:04:30 AM
From: Brian Sullivan	1 Recommendation Read Replies (1) of 42652

Yellen - ‘Deficits Will Rise to Unsustainable Levels’ The CBO estimates that by 2024, the total debt of the federal government will be $27.159 trillion—of which $20.947 trillion will be debt held by the public. If that projection holds up, the federal debt held by the public in 2024 would be more than four times the $5.035 trillion federal debt held by the public at the end of 2007. Yellen: “There is more work to do to put fiscal policy on a sustainable course. That progress has been made over the last several years, in bringing down deficits in the short term, but that a combination of demographics, the structure of entitlement programs, and historic trends in health-care costs, we can see that over the long-term deficits will rise to unsustainable levels relative to the economy. cnsnews.com

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