"In fact, entitlement spending on programs such as Medicare, Medicaid, and Social Security make up 54% of federal spending, and spending is projected to double within the next decade. Medicare is growing by 9% annually, and Medicaid by 8% annually"
- Jim Ryun
About this Quote
This quote by Jim Ryun highlights the value of entitlement costs in the federal spending plan. Entitlement programs such as Medicare, Medicaid, and Social Security comprise 54% of federal spending, and this costs is forecasted to double within the next years. This is a significant increase, and it is important to keep in mind that Medicare is growing by 9% each year, and Medicaid by 8% every year. This suggests that the government is investing greatly in these programs, and it is likely that this pattern will continue in the future. This quote stresses the importance of privilege costs in the federal budget, and it is clear that this spending will continue to be a major part of the spending plan in the years to come.
This quote is written / told by Jim Ryun somewhere between April 29, 1947 and today. He/she was a famous Athlete from USA.
The author also have 28 other quotes.
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