The Nation's Fiscal Health.

PUBLIC spending; GOVERNMENT spending policy; PUBLIC debts; GROSS domestic product; HEALTH programs; UNITED States. Congressional Budget Office; UNITED States. Government Accountability Office

The article reports on the U.S. Government Accountability Office's (GAO) audit of the financial statements in the country. Topics include the federal spending on health care programs, the federal deficit in fiscal year 2016 and in fiscal year 2015, and the increase in public debt. Also mentioned are the percentage of gross domestic product (GDP), projection of the Congressional Budget Office (CBO), and projections regarding Social Security and Medicare.