Health & Spending in the Federal Budget
President Obama’s recent budget estimates that spending on health care programs will cost the federal government $897 billion in fiscal year 2013; $530 billion of that will go to Medicare, the federal health insurance program for senior citizens. Health spending is the fastest growing type of spending in the federal budget, comprising 24 percent of the president’s fiscal 2013 spending plan. Less than four decades ago, federal spending on healthcare was 7 percent of the budget.
Check out these resources about health spending in the budget including the graph and video below.
Also check out this general outlay of the President's FY2013 budget.