USA Inc. reported more frequent – and bigger – losses. Since 1970
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and other costs related to the Global War on Terror. As a
and as a social welfare program (unlike a
White House Office of Management and Budget.
please see Jeffrey Brown and Amy Finkelstein
and continued healthcare cost inflation.
and thus overall Medicaid costs jumped ~11%
1997) and D) Prescription Drug Coverage (enacted 2003).
Social Security and Unemployment Insurance
one-time items totaled $377B in 2009 and
both of which are the 3 rd largest line item after entitlement expenses and defense spending. Data adjusted
2009 / 2010 data per EMBS and Hybrid Weekly.
and defense plus non-defense discretionary
and forecasts imply it will continue to lose money.
’ and Usually Manage Expenses in that Way