Substack

Thursday, November 29, 2012

It's the health care, stupid!

Amidst all talk of the looming fiscal cliff, the CBO has this excellent graphic (via Wonkblog) that captures the source of America's anticipated future fiscal troubles.



















In fact, all the increases are going to come from health care. Social security is largely forecast to remain at the same level, while the rest (defense, education, infrastructure etc) are estimated to actually decline. The graphic assumes business as usual fiscal policy.

1 comment:

J D C said...

Lovely post. Wonder full blog. Thanks for sharing.....Dr. Luis Fandos