Tables
1-1. Assumptions About Spending and Revenue Sources Underlying CBO’s Long-Term Budget Scenarios
1-2. Projected Spending and Revenues as a Percentage of Gross Domestic Product Under CBO’s Long-Term Budget Scenarios
2-1. Medicare Spending for Benefits by Type of Service, 2006
2-2. Medicaid Enrollees and Federal Benefit Payments, by Category of Enrollee, 2006
2-3. Measures of Projected Income, Costs, and Balances for the Hospital Insurance Trust Fund
3-1. Measures of Projected Income, Costs, and Balances for Social Security
5-1. Assumptions About Particular Revenue Sources Underlying CBO’s Long-Term Budget Scenarios
5-2. Estimates of the Effective Marginal Federal Tax Rates on Capital and Labor Income Under CBO’s Scenarios
5-3. Individual Income and Payroll Taxes as a Share of Income in Selected Years Under CBO’s Long-Term Budget Scenarios
Figures
1-1. Revenues and Spending Excluding Interest, by Category, as a Percentage of Gross Domestic Product Under CBO’s Long-Term Budget Scenarios
1-2. Federal Debt Held by the Public as a Percentage of Gross Domestic Product Under CBO’s Long-Term Budget Scenarios
1-3. Reductions in Noninterest Spending Needed to Close the Fiscal Gap in Various Years Under CBO’s Alternative Fiscal Scenario
1-4. Spending Excluding Interest Under Various Assumptions About Closing the Fiscal Gap in CBO’s Alternative Fiscal Scenario
2-1. National Spending on Health Care as a Percentage of Gross Domestic Product
2-2. Projected National Spending on Health Care as a Percentage of Gross Domestic Product Under CBO’s Extended-Baseline Scenario
2-3. Projected Spending on Health Care as a Percentage of Gross Domestic Product Under CBO’s Long-Term Budget Scenarios
2-4. Federal Spending for Medicare and Medicaid as a Percentage of Gross Domestic Product Under Different Assumptions About Excess Cost Growth
3-1. Spending for Social Security as a Percentage of Gross Domestic Product
3-2. Distribution of Social Security Beneficiaries, by Type of Benefits Received, September 2007
3-3. The Population Age 65 or Older as a Percentage of the Population Ages 20 to 64
4-1. Discretionary Spending as a Percentage of Gross Domestic Product
4-2. Mandatory Spending Other Than That for Social Security, Medicare, and Medicaid as a Percentage of Gross Domestic Product
5-1. Total Federal Revenues as a Percentage of Gross Domestic Product Under CBO’s Long-Term Budget Scenarios
5-2. Revenues, by Source, as a Share of Gross Domestic Product for Fiscal Years 1957 to 2007
5-3. Individual Income Tax Revenues as a Percentage of Gross Domestic Product Under Alternative Scenarios
5-4. The Impact of Rising Health Care Costs on Individual Income and Payroll Tax Revenues Under CBO’s Extended-Baseline Scenario
5-5. Sources of Federal Revenues as a Percentage of Gross Domestic Product Under CBO’s Long-Term Budget Scenarios
5-6. The Impact of the Alternative Minimum Tax on Individual Income Tax Revenues Under CBO’s Extended-Baseline Scenario
Boxes
1-1. The Fiscal Gap
1-2. Aging, Excess Cost Growth in Health Spending, and the Federal Budget
1-3. Why Is Federal Debt Held by the Public Important?
4-1. How Funding for Operations in Iraq and Afghanistan and for Other Activities Related to the War on Terrorism Affects Projections of Defense Spending