Plus, US free trade agreements, demystified 

Not displaying correctly? View this email in your browser ([link removed]) .
[link removed]


** Your window into government spending
------------------------------------------------------------

The sixth annual USAFacts Government 10-K is here ([link removed]) . A central source for details on the programs the government enacts, cuts, and extends, this report helps citizens judge the state of the nation. It uses government numbers and only government numbers. This document is modeled on the required form for assessing performance, financial condition, and risk factors that publicly traded US companies annually submit to the Securities and Exchange Commission.

USAFacts combined data from more than 90,000 different government entities for this 10-K. Here is just a sample of what you’ll find in this year’s report:

Costs of many programs are rising faster than enrollment

The number of people enrolled in many government programs rose over the decade — but program costs outpaced enrollee growth. Enrollment in Medicaid and the Children’s Health Insurance Program (or CHIP) grew by 48% between 2009 and 2019. Yet, Medicaid and CHIP payments rose 90%, up by $298 billion.
[link removed]
The same goes for Social Security: enrollment rose 22%, while Social Security costs were up $332 billion, or 59%.


Life expectancy dropped by more than a year

US life expectancy fell by 1.8 years by the end of 2020. Increased deaths from COVID-19, heart disease, homicide, and diabetes led to the decrease, but Americans faced troubling health issues before the pandemic. Suicide was the 10th leading cause of death in 2019, up 30% from a decade before. The rates at which Americans died from heroin use (up 367% from 2009) and other synthetic narcotic use (up 1,100% from 2009) increased by much more than the nation’s leading causes of death.
[link removed]

We're becoming more educated — but there's a catch

More students who opt for college are graduating. The graduation rate at four-year institutions rose from 58% in 2009 to 63% in 2019 and from 28% in 2014 (the most recent year for which data is available) to 36% in 2019 for two-year institutions.
[link removed]
Wages for people with bachelor’s degrees are up 5% since 2000, compared to 0.1% for people with some college or an associate degree.

However, there are persistent racial disparities from grade school to post-secondary education. Read the report to learn more ([link removed]) about education and dozens of other topics.

Steve Ballmer talks 10-K

Jessica Yellin recently interviewed Steve Ballmer about the 10-K report on the News Not Noise podcast. Hear their discussion about how the country spends money, the origins of the USAFacts 10-K, and more wherever you listen to podcasts ([link removed]) . See a preview of the interview on Instagram ([link removed]) .
[link removed]

One last fact
[link removed]
South Carolina families spent an average of 10.5% of family income on childcare ([link removed]) in 2021, the highest of all states. Families in 20 states spent more than 7% of their income on childcare.

============================================================
** Share ([link removed])
** Share ([link removed])
** Tweet ([link removed] http%3A%2F%2Feepurl.com%2Fh2cGSH)
** Tweet ([link removed] http%3A%2F%2Feepurl.com%2Fh2cGSH)
** Forward ([link removed])
** Forward ([link removed])
Was this email forwarded to you? ** Sign up here ([link removed])
for your own weekly issue of the USAFacts newsletter.
Copyright © 2022 USAFacts, All rights reserved.
You are receiving this email because you opted in to our newsletter for USAFacts.

Our mailing address is:
USAFacts
PO Box 1558
Bellevue, WA 98009-1558
USA
Want to change how you receive these emails?
You can ** update your preferences ([link removed])
or ** unsubscribe from this list ([link removed])
.
Email Marketing Powered by Mailchimp
[link removed]