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September 24, 2006
CMC spending
In 2005 CMS (Centers for Medicare and Medicaid Services) spent $515 billion dollars, 21% of the total federal budget and $21 billion more than the total of all defense spending.
We hear constantly that too much is spent on defense and not enough is spent on healthcare, or at least not enough by the government. As we debate these issues, it’s good to know just how much is being spent.
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