|
|
Offsetting Effects of Prescription Drug Use on Medicare’s Spending for Medical Servicesreport
Previously, when estimating the budgetary effects of legislation regarding prescription drugs, CBO found insufficient evidence of an “offsetting” effect of prescription drug use on spending for medical services. Recently, CBO reviewed dozens of newer studies and determined a body of research now demonstrates a link between changes in prescription drug use and changes in the use of and spending for medical services.      CBO Estimates That Greater Prescription Drug Use by Medicare Beneficiaries Reduces Medicare’s Spending for Medical Servicesblog post
Previously, when estimating the budgetary effects of legislation regarding prescription drugs, CBO found insufficient evidence of an “offsetting” effect of prescription drug use on spending for medical services. Recently, CBO reviewed dozens of newer studies and determined that a body of research now demonstrates a link between changes in prescription drug use and changes in the use of and spending for medical services. Federal Debt and the Statutory Limit, November 2012report
The Congress has traditionally placed a limit on the total amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Lawmakers have enacted numerous increases to the debt limit—commonly known as the debt ceiling—some of which have been temporary and many of which have been permanent. Treasury debt is now approaching the current limit. When Is Federal Debt Likely to Reach the Statutory Limit?blog post
The Congress has traditionally placed a limit on the total amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Lawmakers have enacted numerous increases to the debt limit—commonly known as the debt ceiling—some of which have been temporary and many of which have been permanent. |
