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Unformatted text preview: dominates reasons for the increase in the cost of health care is due to baby boomers. Since the population is aging and living longer it is driving up the nations health care spending. This amount of money is a huge part of the federal budget. It is affecting the economy because the entire federal budget is focused on health care. If we could fix the problem it would free up money for other priorities. Kaisers periodic polls even suggest the cost of health care affects job security, gas prices, and even families being able to pay for mortgages....
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- Fall '10