Projected Growth in Entitlements and Discretionary Spending

From the Wall Street Journal: Over the next 10 years, the Congressional Budget Office predicts discretionary spending-that is, everything except entitlement programs and debt payments-will grow by $202 billion, or roughly 17%. Meanwhile, mandatory spending- which mostly consists of funding for Medicare, Medicaid and Social Security-will grow by $1.6 trillion, or roughly 79%.

http://online.wsj.com/article/SB10001424052702303442004579123943669167898.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: