The sixth annual USAFacts Government 10-K is here. 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.
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