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Government Discretionary Spending to End by 2052

Posted By Conn Carroll On March 27, 2008 @ 12:44 pm In Economics | Comments Disabled

Following up on yesterday’s post [1] on the Social Security and Medicare Boards of Trustees report, The Heritage Foundation released a chart today looking at how projected spending on entitlement programs is scheduled to crowd out all other spending by 2052 unless taxes as a percentage of GDP are raised significantly:

Economic reality imperils the American Dream [2]


Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2008/03/27/government-discretionary-spending-to-end-by-2052/

URLs in this post:

[1] post: http://www.foundry.org/2008/03/26/morning-bell-a-crisis-that-is-here-to-stay/

[2] Image: http://www.foundry.org/2008/03/27/government-discretionary-spending-to-end-by-2052/economic-reality-imperils-the-american-dream/

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