Refer to Table 5.3, What percentage of the federal spending was for healthcare in 1995 and in 2022?

Total Federal Spending on Health Care (Billions $) 1965 1975 1985 1995 2005 2015 2022 Total Federal Spending 118 332 946 1,516 2,472 3,692 6,273 Federal Health Spending 3 30 117 307 616 1,138 1,835 Medicare 0.0 12.9 65.8 159.9 298.7 546.2 755.1 Medicaid 0.3 6.8 22.7 89.1 181.7 349.8 591.9 Veterans Affairs 1.3 3.7 9.5 16.4 28.8 61.9 110.7 Other 1.5 6.1 19.4 42.0 106.7 180.0 376.9 Active Duty DoD 0.0 0.0 8.2 15.4 36.1 48.0 55.4 Miscellaneous 1.5 6.1 11.2 26.6 70.5 104.7 242.0 Insurance Asst. 0.0 0.0 0.0 0.0 0.1 27.3 79.5 Health as % of Fed Spend 3% 9% 12% 20% 25% 31% Table 5.3 Healthcare spending has grown in importance as a contributor to overall federal spending and deficits. 29% In Table 5.3, the federal government's growing expenditures on healthcare programs are tracked over time along with the overall growth of federal expenditures or budgets. One of the macroeconomic effects of government spending in excess of revenue collection is that deficit spending by the government has to be financed via borrowing from the private sector. Whether government borrowing is satisfied by domestic or international lenders is sometimes cited as cause for concern, but monetary theory denies that this makes any difference. What is largely accepted by economic theory is that this borrowing by government tends to displace borrowing by the private sector, and "crowds out" borrowing that could be done by someone in private industry. There