21st Century: Addressing Long-Term Fiscal Challenges Must Include a Re-examination of Mandatory Spending
Published: Feb 15, 2006. Publicly Released: Feb 15, 2006.
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Highlights
This is a Comptroller General presentation delivered to the Budget Committee, House of Representatives, on February 15, 2006. Major topics include: social security, medicare, and medicaid spending, health care as the nation's largest tax expenditure, and selected health care spending reforms.
21ST CENTURY: Addressing Long-Term Fiscal Challenges Must Include a Re-examination of Mandatory Spending
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Table of contents
- Open
- Composition of Federal Outlays Projections Assume Discretionary Spending Grows with Inflation after 2006
- Composition of Spending as a Share of GDP Under Baseline Extended
- Composition of Spending as a Share of GDP Assuming Discretionary Spending Grows with GDP after 2006 and All Expiring Tax Provisions are Extended
- Social Security, Medicare, and Medicaid Spending as a Percent of GDP
- Health Care Is the Nation's Top Tax Expenditure in Fiscal Year 2005
- Conceptual Differences between Hard and Soft Responses
- Selected Reforms Aimed at Moderating Health Care Spending
- The Way Forward: Three Pronged Approach
- Close