[Congressional Record Volume 160, Number 147 (Thursday, December 4, 2014)]
[Senate]
[Page S6316]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
COST OF HEALTH CARE
Mr. REID. Mr. President, a brief word. I was struck this morning by
looking at the newspapers and listening to the news that:
Spending on health care in the United States grew in 2013
at the lowest rate since the Federal Government began
tracking it in 1960. . . .
It was the fifth straight year of exceptionally small
increases in the closely watched indicator. The data defied
critics who had said such growth would not continue for long
once the recession ended in mid-2009.
Health care spending was up last year but only 3.6 percent. It is
very remarkable.
As I indicated:
The 3.6 percent increase in 2013 is the lowest increase on
record in the national health expenditures going back to
1960.
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