3 ms·
> The US spent $2 Trillion dollars on Medicare and Medicaid in 2024 [1][2]. If the US spent this money as efficiently as Japan (or UK [3], ...) it could pay for
by toomuchtodo 4mo ago
> The US spent $2 Trillion dollars on Medicare and Medicaid in 2024 [1][2]. If the US spent this money as efficiently as Japan (or UK [3], ...) it could pay for Healthcare for every single resident with this $2 Trillion dollars.
Existing Medicare spending and entire defense budget would cover it. Or reduce debt interest payments and keep defense spending.
https://news.ycombinator.com/item?id=48666290 https://news.ycombinator.com/item?id=48666290 (citations)