Fundamental budget challenge: Paying for the baby boomers


by AEI on Sep 13, 2013 | Views: 16 | Score: 0
Sources: aei-ideas.org
Share:
Facebook Twitter Reddit Linked In Google Plus Pinterest Tumblr Email
URL:
Embed in your web page: (Preview)
Link:

Download image:

VOTE:
VOICE:
Please sign up or log in to comment
AEI
AEI on Sep 13, 2013 1:42 PM said:

Budget chief Douglas Elmendorf says the fundamental federal budgetary challenge is due to federal programs becoming much more expensive because of the retirement of the baby boomers and the rising costs of health care. This chart shows just how the federal budget is changing, with Medicaid, Medicare, and Social Security gobbling up more and more of government spending.