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Saturday, December 16, 2017
increasing shares

CBO Sees Red Ink Getting Redder

Social Security and Medicare will take up ever-larger shares of GDP in coming decades, the nonpartisan Congressional Budget Office indicated today in a report. “The aging of the population and the rising cost of health care would cause spending on the major mandatory healthcare programs and Social Security to grow from roughly 10 percent of GDP […]

June 22, 2011