2009 Federal Revenue and Spending Book of Charts

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The Long-Term Entitlement Spending and Deficit Problem Could Be Resolved Without Tax Increases

In May 2008, Congressman Paul Ryan (R-WI) introduced The Roadmap for America's Future, a comprehensive bill that would reform entitlements and hold taxes near their historical average of 18.4 percent of GDP. The Congressional Budget Office scored his proposal and found that it would eliminate long-term deficits without tax increases.

Federal Spending as a Percentage of GDP Under Rep. Paul Ryan’s Proposal

Roadmap for Americas Future
 
 
Source: Congressional Budget Office.

Key Research:
Entitlements

The Long-Term Entitlement Spending and Deficit Problem Could Be Resolved Without Tax Increases



Entitlement Spending Will More Than Double by 2050



Entitlements Alone Will Eclipse Historical Tax Levels by 2052



If Tax Revenue Is Held At Historical Levels, Total Spending Could Reach 67 Percent of GDP



Obama's Budget Ignores Entitlement Crisis



The Ratio of Workers to Social Security Beneficiaries Is Declining



Repealing Tax Cuts and Not Fixing AMT Won't Balance the Budget



Social Security Spending Soon to Rise Rapidly



Tax Rates Would Need to More Than Double If Entitlements Are Not Reformed