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Centrists.Org No-BS Long-Term Budget Baseline
January 26, 2004

Table 3.  Summary of Long-Term Federal Budget as a Percent of GDP

Selected Fiscal Years 2000 2010 2020 2030
           
Revenues          
Individual Income   10.3 7.8 8.2 8.2
Payroll   6.7 6.5 6.4 6.3
Other   3.8 2.9 2.8 2.8
Total   20.9 17.2 17.4 17.3
           
Spending          
Discretionary   6.3 7.8 7.8 7.8
Entitlements          
Social Security   4.2 4.3 5.4 6.4
Medicare   2.2 3.4 4.6 6.3
Medicaid   1.2 1.6 2.3 2.8
Other   2.2 1.8 1.4 1.4
Total, Entitlements   9.8 11.1 13.7 16.9
           
Interest   2.3 2.5 4.0 7.5
Total   18.4 21.5 25.6 32.2
           
Surplus   2.4 -4.2 -8.1 -14.9
           
National Debt   35.1 50.4 84.0 156.7

Source:  Centrists.Org, January 26, 2004


 

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