Without Entitlement Reform, Federal Spending Will Exceed 40 Percent of the Economy by 2050
The major entitlements – Medicare, Medicaid, the Obamacare subsidies, and Social Security – are pushing spending to unsustainable levels. These programs must be restructured to prevent crippling debt or tax burdens on future generations.
To view the interactive version of this chart, please update your browser to its most current version or switch to an alternate browser.
PERCENTAGE OF GDP
Source: Congressional Budget Office (Alternative Fiscal Scenario).