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Claim Text
"In total, the fiscal cost of federal tax expenditures and spending for health care, as of 2025, is nearly $2.7 trillion, or 8.9 percent of GDP," they add.
Simplified Text
William McBride and Guy Cardwell stated that the fiscal cost of federal tax expenditures and spending for health care was nearly $2.7 trillion, or 8.9 percent of GDP, as of 2025.
Confidence Score
0.900
Claim Maker
William McBride and Guy Cardwell
Context Type
News Article
Context Details
{
    "date": "2025"
}
UUID
f3a89088-3b02-420c-abb1-cabe5cfe1d07
Vector Index
✗ No vector
Created
September 25, 2026 at 3:46 AM (2 weeks ago)
Last Updated
September 25, 2026 at 3:46 AM (2 weeks ago)

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Screenshot of https://reason.com/2026/09/23/federal-health-care-subsidies-are-devouring-the-budget-and-killing-patient-satisfaction
https://reason.com/2026/09/23/federal-health-care-subsidies-are-devouring-the-budget-and-killing-patient-satisfaction

Federal health care spending, including Medicare, Medicaid, and ACA subsidies, now consumes nearly one-third of the federal budget. Despite this vast spending, a record-high 23% of Americans say the U.S. healthcare system is in crisis, with costs being the biggest problem.

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