Tag Archives: trillion

One-sixth of what?

A statistic that gets tossed around a lot in the health care debate is that “Health care is one-sixth of the economy” – but what does that mean? The total U.S Gross Domestic Product is $14.1 Trillion, making one-sixth of that about $2.35 Trillion. Those numbers for health care include programs like Medicare and Medicaid, [...]

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