2009 Federal Revenue and Spending Book of Charts

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Entitlements Alone Will Eclipse Historical Tax Levels by 2052

Spending on the three major entitlements, Medicare, Medicaid, and Social Security, will more than double in the next 40 years. Without major reforms, entitlement spending will consume all federal tax revenues by 2052.

Three Major Entitlements and Tax Revenues as a Percentage of GDP

Three Major Entitlements
 
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