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Entitlements and Interest Driving Future Spending Surge

Created on October 16, 2012

Entitlements and Interest Driving Future Spending Surge

Federal Spending by the Numbers 2012

heritage.org

Tax Revenue, Historical Average (1959–2008): 18.1%

All Other

Net Interest

Medicaid, CHIP, Obamacare

Medicare

Social Security

Percentage of GDP

Source: Congressional Budget Office, 2012 Long-Term Budget Outlook, Alternative Fiscal Scenario, June 5, 2012, http://www.cbo.gov/publication/43288 (accessed June 5, 2012).