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7/20/2003

 
Table 3. Summary of Long-Term Federal Budget As A Percent of GDP
           
    2000 2010 2020 2030
           
Revenues          
Individual Income   10.3 8.7 8.9 8.9
Payroll   6.7 6.7 6.6 6.5
Other   3.8 3.0 3.1 3.1
Total   20.8 18.3 18.6 18.5
           
Spending          
Discretionary   6.3 7.8 7.8 7.8
Entitlements          
Social Security   4.2 4.3 5.4 6.4
Medicare   2.2 3.2 4.6 6.6
Medicaid   1.2 1.9 2.6 3.2
Other   2.2 2.0 1.7 1.7
Total, Entitlements   9.8 11.4 14.4 17.9
           
Interest   2.3 2.4 3.9 7.6
Total   18.4 21.6 26.0 33.3
           
Surplus   2.4 -3.2 -7.5 -14.9
           
National Debt   35.1 45.8 72.3 142.4

Source:  Centrists.Org, July 20, 2003

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