- Introduction
- Contents
- Federal Revenue
- Taxes & Tax Rates
- Federal Spending
- Budget Comparisons
- Projected Spending
- Download
- About
Entitlements Alone Will Eclipse Historical Tax Levels by 2052 |
Spending for the three major entitlements — Medicare, Medicaid, and Social Security — will more than double in the next 40 years. At this rate, entitlement spending will consume all federal tax revenues by 2052 without major reforms. |
Three Major Entitlements and Tax Revenues as a Percentage of GDP, 1965–2082 |
 |
 
Source: Spending and Revenues from CBO Long-Term Budget Outlook, December 2007 (Extended Baseline Scenario). |
