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(Chad Hipolito For The Globe and Mail)


Greying America driving health spending

Reuters Breakingviews delivers agenda-setting financial insight. Its global correspondents react to stories as they develop, delivering sharp and provocative commentary on big financial news as it breaks.

Don’t blame medical costs for the rise in America’s debt. Washington agonizes over runaway health care spending, but that trend has been changing. Over the longer term, the federal government’s bigger problem will stem from the number of people needing treatment.