federal budget

The Federal Government Will Spend Half Its Budget On Older Adults In Ten Years

In 10 years, the federal government will spend half its budget (not counting interest on the debt) on those aged 65 and older. The inexorable aging of the Baby Boom generation means that a growing share of federal spending will be used to support older adults—mostly for health care and retirement benefits. As CBO importantly notes, it is misleading to [...]

By |2019-02-01T09:25:16-05:00February 1st, 2019|Aging|0 Comments

States Expand their Medicaid Community-Based Services but Their Benefits Vary Widely

Slowly but surely, more people who receive Medicaid benefits for long-term supports and services are getting their care at home rather than in nursing facilities. Still, only about 3.3 million seniors and younger people with disabilities who require long-term care get such help at home—about 1 million more than in 2000. Overall, the program now spends about $50 billion or [...]