21ST CENTURY: Addressing Long-Term Fiscal Challenges Must Include a Re-examination of Mandatory Spending

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Table of contents

• Open
• Composition of Federal Outlays Projections Assume Discretionary Spending Grows with Inflation after 2006
• Composition of Spending as a Share of GDP Under Baseline Extended
• Composition of Spending as a Share of GDP Assuming Discretionary Spending Grows with GDP after 2006 and All Expiring Tax Provisions are Extended
• Social Security, Medicare, and Medicaid Spending as a Percent of GDP
• Health Care Is the Nation's Top Tax Expenditure in Fiscal Year 2005
• Conceptual Differences between Hard and Soft Responses
• Selected Reforms Aimed at Moderating Health Care Spending
• The Way Forward: Three Pronged Approach
• Close