Issues in the Budget Debate. Bob Greenstein July 19, 2011. Medicare and Medicaid Expected to Rise Rapidly, Other Programs (Except Social Security) to Shrink, As Share of GDP. Spending and Revenues as a Share of GDP. Source: CBPP projections based on CBO data.
July 19, 2011
Spending and Revenues as a Share of GDP
Source: CBPP projections based on CBO data.
Source: CBPP analysis based on Congressional Budget Office estimates.
Note: Tax expenditure figures exclude Recovery Act provisions that were allowed to expire, but include those that have been extended. Sources: Office of Management and Budget, Congressional Budget Office.
Average Annual Growth Rate, 2000-2009
Source: CBPP analysis.
Source: “The Path to Prosperity” FY2012 Budget Resolution
Source: Douglas W. Elmendorf, Director, Congressional Budget Office, Letter to the Honorable Paul Ryan, April 5, 2011, and CBPP calculations. Current Medicare is CBO’s alternative fiscal scenario.
Note: Beneficiary’s share of spending includes premiums out-of-pocket costs for covered services, and any payments for supplemental insurance.
Reductions in Medicare, Medicaid, and Social Security Under Corker Cap If the Spending Reductions Are Achieved Through the Bill’s Automatic Cuts
Source: CBPP analysis based on Congressional Budget Office data
Source: Center on Budget and Policy Priorities based on data from the Congressional Budget Office.
Source: Treasury Department, 1955-1996; Tax Policy Center update, 1997-2010.
Source: Social Security Administration, CBPP based on Congressional Budget Office and President Obama’s FY 2012 Budget.
Source: CBPP calculations based on Congressional Budget Office data.