Government Discretionary Spending to End by 2052
Posted By Conn Carroll On March 27, 2008 @ 12:44 pm In Entitlements, Taxes & Spending | No Comments
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:
[2]
Article printed from The Foundry: Conservative Policy News Blog 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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