Aging Population Poses Long-Term Budget Challenges for States
States are preparing for a future where more residents are older, healthcare costs are higher, and demand for public services continues to grow. As the US population continues to age, states are facing growing fiscal pressures that will require long-term planning and cross-agency coordination. A new report from The Pew Charitable Trusts highlights how demographic shifts are expected to affect state revenues, increase healthcare costs, and drive demand for a wide range of public services…