According to projections from the Congressional Budget Office, the federal entitlement programs—Social Security, Medicaid and Medicare— represent nearly 45% of federal spending and cost as much as 10% of the GDP, which, if unchanged, will grow to 16% by 2035. As Congress looks for ways to decrease the budget deficit, it is likely that these programs will face reforms and benefit cuts. Brookings experts discuss what cuts may look like, and examine the role these programs play in the growing budget deficit.
Why the federal debt must be a top priority for the 2016 presidential candidates
November 18, 2015, Robert L. Bixby and Maya MacGuineas
One issue above all others that remains a problem and should transcend partisan agendas is the unsustainable projected growth of the federal debt, write Bob Bixby of the Concord Coalition and Maya MacGuineas of the Committee for a Responsible Federal Budget. They warn that while candidates “may be tempted to conclude that our fiscal problems are behind us, that would be a mistake."
The Federal Budget
U.S. Economic Performance
U.S. Budget Deficit
Opinion | Real Clear Markets
February 12, 2014, Ron Haskins
Article | The American Prospect/Democratic Strategist
January 24, 2014, William A. Galston
Opinion | American Prospect
January 24, 2014, Henry J. Aaron
April 16, 2013, Ron Haskins
Opinion | The Washington Post
March 8, 2013, Harry J. Holzer and Isabel V. Sawhill
March 5, 2013, Henry J. Aaron
February 26, 2013
Policy Proposal | The Hamilton Project
February 26, 2013, Jeffrey B. Liebman and Jack A. Smalligan
February 26, 2013, Michael Chernew and Dana Goldman
February 8, 2013, Ron Haskins
View All Research on Entitlement Programs ›Show 10 More
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Henry J. Aaron
Senior Fellow, Economic Studies
The Bruce and Virginia MacLaury Chair
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