Financial Management White Papers

Social Security: The Challenges of an Aging Population

Overview Addressing the growing cost of Social Security would not by itself relieve the economic and budgetary pressure caused by the aging of the U.S. population. The rapidly escalating costs of the government's health care programs are a major source of that pressure. CBO projects that federal spending for Social Security, Medicare, and Medicaid combined will account for roughly 15 percent of GDP in 2030 - double the current share.

Further White Paper Details
PublisherCongressional Budget Office File FormatPDF
Date PublishedDecember 2001 Downloads10
FormatWhite Papers   
Topics
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