Performance Budgeting and Management White Papers

Implications of Demographic Changes for the Budget and the Economy

Overview This paper discusses the challenges presented by projected changes in the makeup of the U.S. population. This paper suggests that those changes - together with, notably, rising health care costs - will produce a set of intertwined challenges for the budget and the economy. As a result, in the coming decades the United States will face economic shifts that will necessitate fundamental decisions about spending, taxation, and other economic policies that fall under the jurisdiction of this Committee.

Further White Paper Details
PublisherCongressional Budget Office File FormatPDF
Date PublishedMay 2005 Downloads163
FormatWhite Papers   
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