How America Reduced Its Healthcare Spending by $2 Trillion

How America Reduced Its Healthcare Spending by $2 Trillion
AP Photo/Manuel Balce Ceneta

The early days of the Obama administration were a chaos of uncertainty, between the historic housing bust, historic market crash, and historic armada of stimulus. But one thing was clear about the U.S. economy in 2008 going forward: Healthcare would keep on keeping on, in its insatiable way, adding more jobs, soaking up more tax dollars, and demanding a growing share of an American family's budget. In the worst recession in 80 years, it was the one industry that seemed truly recession-proof.

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