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Booker: U.S. spends more on health care than any other country

“We are on our way in just a handful of years of literally spending 20 percent of our economy — one out of every five dollars spent — on health care. And we spend more than every other nation.”

— Sen. Cory Booker (N.J.)

Booker is correct. As a share of the nation’s gross domestic product, health spending accounted for 17.9 percent in 2017, according to the Centers for Medicare & Medicaid Services. CMS Office of the Actuary projects it will be 19.4 percent in 2027, though that is slightly lower than the 19.7 percent projected a year earlier.

The United States, on a per capita basis, spends much more on health care than other developed countries do, according to a study from a team led by a Johns Hopkins Bloomberg School of Public Health researcher. Per capita health-care spending for the United States in 2016 was $9,892, 25 percent higher than second-place Switzerland’s $7,919.

Fact-checking the second Democratic debate
Democratic 2020 presidential candidates (L-R) Sen. Michael F. Bennet (Colo.), Sen. Kirsten Gillibrand (N.Y.), former HUD Secretary Julian Castro, Sen. Cory Booker (N.J.), former vice president Joe Biden, Sen. Kamala D. Harris (Calif.), entrepreneur Andrew Yang, Rep. Tulsi Gabbard (Hawaii), Washington Gov. Jay Inslee and New York Mayor Bill de Blasio pose together before the start of the second night of the second 2020 presidential Democratic candidates debate in Detroit, Wednesday. (Lucas Jackson/Reuters)

Twenty candidates vying for the Democratic presidential nomination are again taking the stage — 19 who were on the stage during last month’s debate and one, Montana Gov. Steve Bullock, who was seen by debate-watchers for the first time Tuesday. The debate, hosted by CNN, began airing at 8 p.m. Eastern; the Fact Checker is writing on the candidates’ claims here.

Here’s what the Fact Checker found during the first debate.