The Heritage Foundation Think Tank
The Heritage Foundation Think Tank
Without Entitlement Reform, Federal Spending Could Consume More than Two-Fifths of GDP by 2055
If taxes are held at the historical average in the future, the three major entitlements—Social Security, Medicare, and Medicaid—will push spending levels to unsustainable levels. These programs must be reformed in order to improve the long-term budget outlook.
Read more: www.heritage.org/budgetchartbook/entitlements-consume-eco...
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Uploaded on July 30, 2010
Without Entitlement Reform, Federal Spending Could Consume More than Two-Fifths of GDP by 2055
If taxes are held at the historical average in the future, the three major entitlements—Social Security, Medicare, and Medicaid—will push spending levels to unsustainable levels. These programs must be reformed in order to improve the long-term budget outlook.
Read more: www.heritage.org/budgetchartbook/entitlements-consume-eco...
208
views
0
faves
1
comment
Uploaded on July 30, 2010