Limiting Federal Spending as a Proportion of Total Gross Domestic Product (GDP) Case Study: Variations on the “Commitment to American Prosperity Act (CAP)”
June 2011
Prepared for The American Association of Retired Persons (AARP), American Hospital Association, American Medical Association, American College of Cardiology, and LeadingAge
Lewin contact: John Sheils
The Lewin Group developed a case study for The American Association of Retired Persons (AARP), American Hospital Association, American Medical Association, American College of Cardiology, and LeadingAge, which analyzes the economic impacts of the “Commitment to American Prosperity Act” (CAP) being considered by Congress to limit the growth in Federal spending. The case study examines the impact that spending reductions would have on people who depend upon federal programs for income and healthcare. Because health care is such a large portion of federal spending, it also presents estimates of the impact that these cuts would have on health care provider revenues and the resulting effects on access to care for Medicare and Medicaid beneficiaries.The Lewin Group developed a case study for The American Association of Retired Persons (AARP), American Hospital Association, American Medical Association, American College of Cardiology, and LeadingAge, which analyzes the economic impacts of the “Commitment to American Prosperity Act” (CAP) being considered by Congress to limit the growth in Federal spending. The case study examines the impact that spending reductions would have on people who depend upon federal programs for income and healthcare. Because health care is such a large portion of federal spending, it also presents estimates of the impact that these cuts would have on health care provider revenues and the resulting effects on access to care for Medicare and Medicaid beneficiaries.