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The Long-Term Budget Outlook

December 2007

Federal Spending (Percentage of gross domestic product)
The figure shows federal spending as a percentage of gross domestic product from 1962 to 2082 under a scenario in CBO's long-term budget outlook. From 2007 to 2082, the percentage for Medicare and Medicaid rises from 4.1 to 18.5; and for Social Security, from 4.3 to 6.4. Other spending, excluding debt service, declines from 9.8 to 7.6.

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Testimony on the Long-Term Budget Outlook
December 13, 2007 html pdf charts webcast blog
Testimony before the Committee on the Budget, U.S. House of Representatives

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The Long-Term Budget Outlook

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