DESPITE GOOD NEWS IN recent weeks about the future of health care spending, a daunting reality remains: The projections may turn out to be true for the next decade, but in the more-distant future, what can be done as Americans get older?
“I cannot emphasize enough the budgetary problems facing the U.S.,” warns Douglas Holtz-Eakin, president of the American Action Forum and a former director of the Congressional Budget Office. “We are on an unsustainable trajectory.”