"Baseline Extended based on CBO's Projections for Social Security, Medicare, and Medicaid" Social Security Medicare (net) "Medicaid, CHIP, and Exchange Subsidies" Net Interest All other spending Revenue Total federal spending Unified surplus/deficit Debt held by the public Real GDP Percentage of GDP Billions of 2005 dollars 2009 4.8 3.0 1.8 1.3 13.9 14.8 24.8 -10.0 53.5 "12,721" 2010 4.8 3.1 1.9 1.4 12.6 14.9 23.8 -8.9 62.1 "13,125" 2011 4.8 3.2 1.9 1.5 12.6 15.4 24.1 -8.7 67.7 "13,263" 2012 5.0 3.1 1.7 1.4 12.0 16.3 23.2 -7.0 72.5 "13,538" 2013 5.1 3.2 1.8 1.5 10.9 18.8 22.5 -3.7 75.1 "13,700" 2014 5.2 3.2 2.2 1.5 10.0 20.0 22.1 -2.1 74.8 "14,073" 2015 5.1 3.1 2.4 1.6 9.5 20.2 21.8 -1.5 72.6 "14,752" 2016 5.1 3.2 2.5 1.8 9.2 20.2 21.8 -1.6 70.5 "15,414" 2017 5.1 3.1 2.6 2.0 8.7 20.5 21.6 -1.1 68.5 "15,955" 2018 5.1 3.1 2.6 2.2 8.4 20.5 21.5 -0.9 66.8 "16,414" 2019 5.2 3.2 2.7 2.4 8.3 20.6 21.8 -1.2 65.5 "16,836" 2020 5.3 3.3 2.7 2.5 8.1 20.7 21.9 -1.2 64.2 "17,259" 2021 5.4 3.4 2.8 2.5 8.0 20.9 22.0 -1.2 63.0 "17,678" 2022 5.5 3.6 2.9 2.5 7.9 21.0 22.4 -1.4 62.0 "18,095" 2023 5.5 3.6 2.9 2.7 7.9 21.0 22.6 -1.6 61.5 "18,489" 2024 5.6 3.7 3.0 2.9 7.9 21.0 23.1 -2.1 61.4 "18,896" 2025 5.7 3.8 3.0 3.1 7.9 21.0 23.5 -2.5 61.7 "19,297" 2026 5.7 4.0 3.0 3.1 7.9 21.0 23.7 -2.7 62.3 "19,703" 2027 5.8 4.1 3.1 3.1 7.9 21.0 24.0 -3.0 63.2 "20,131" 2028 5.9 4.1 3.1 3.2 7.9 21.0 24.2 -3.2 64.1 "20,574" 2029 5.9 4.2 3.2 3.2 7.9 21.0 24.4 -3.4 65.3 "21,011" 2030 6.0 4.4 3.2 3.3 7.9 21.0 24.8 -3.8 66.7 "21,468" 2031 6.0 4.5 3.3 3.3 7.9 21.0 25.1 -4.1 68.4 "21,940" 2032 6.0 4.7 3.3 3.4 7.9 21.0 25.4 -4.3 70.3 "22,423" 2033 6.1 4.7 3.4 3.5 7.9 21.0 25.6 -4.6 72.4 "22,916" 2034 6.1 4.8 3.4 3.6 7.9 21.0 25.9 -4.8 74.6 "23,421" 2035 6.1 5.0 3.5 3.7 7.9 21.0 26.3 -5.2 77.1 "23,936" 2036 6.1 5.1 3.5 3.8 7.9 21.0 26.5 -5.5 79.8 "24,462" 2037 6.1 5.3 3.6 4.0 7.9 21.0 26.9 -5.9 82.8 "25,001" 2038 6.1 5.3 3.6 4.1 7.9 21.0 27.1 -6.1 85.7 "25,569" 2039 6.1 5.4 3.7 4.3 7.9 21.0 27.4 -6.4 88.9 "26,157" 2040 6.0 5.5 3.8 4.4 7.9 21.0 27.7 -6.7 92.2 "26,739" 2041 6.0 5.6 3.8 4.6 7.9 21.0 27.9 -6.9 95.7 "27,328" 2042 6.0 5.7 3.9 4.8 7.9 21.0 28.3 -7.3 99.4 "27,929" 2043 6.0 5.7 3.9 5.0 7.9 21.0 28.5 -7.5 103.2 "28,543" 2044 5.9 5.8 4.0 5.1 7.9 21.0 28.8 -7.8 107.1 "29,171" 2045 5.9 5.9 4.0 5.3 7.9 21.0 29.1 -8.1 111.1 "29,813" 2046 5.9 6.0 4.1 5.5 7.9 21.0 29.5 -8.5 115.4 "30,469" 2047 5.9 6.1 4.1 5.8 7.9 21.0 29.8 -8.8 119.8 "31,139" 2048 5.9 6.2 4.2 6.0 7.9 21.0 30.2 -9.2 124.5 "31,824" 2049 5.9 6.3 4.2 6.2 7.9 21.0 30.5 -9.5 129.3 "32,524" 2050 5.9 6.3 4.2 6.4 7.9 21.0 30.8 -9.8 134.1 "33,240" 2051 5.9 6.4 4.3 6.7 7.9 21.0 31.2 -10.2 139.3 "33,946" 2052 5.9 6.6 4.3 7.0 7.9 21.0 31.7 -10.7 144.8 "34,659" 2053 5.9 6.7 4.4 7.2 7.9 21.0 32.2 -11.2 150.5 "35,387" 2054 6.0 6.8 4.4 7.5 7.9 21.0 32.7 -11.6 156.5 "36,130" 2055 6.0 6.9 4.4 7.8 7.9 21.0 33.1 -12.0 162.6 "36,889" 2056 6.0 6.9 4.5 8.1 7.9 21.0 33.5 -12.4 168.9 "37,664" 2057 6.0 7.0 4.5 8.4 7.9 21.0 33.9 -12.9 175.4 "38,455" 2058 6.0 7.2 4.5 8.8 7.9 21.0 34.4 -13.4 182.1 "39,262" 2059 6.1 7.3 4.5 9.1 7.9 21.0 34.9 -13.9 189.1 "40,087" 2060 6.0 7.4 4.6 9.4 7.9 21.0 35.4 -14.4 196.3 "40,928" 2061 6.1 7.4 4.6 9.8 7.9 21.0 35.8 -14.8 203.6 "41,788" 2062 6.1 7.6 4.6 10.2 7.9 21.0 36.4 -15.4 211.2 "42,665" 2063 6.1 7.7 4.6 10.5 7.9 21.0 36.9 -15.9 218.9 "43,593" 2064 6.1 7.8 4.7 10.9 7.9 21.0 37.5 -16.5 226.9 "44,520" 2065 6.1 8.0 4.7 11.3 7.9 21.0 38.1 -17.1 235.3 "45,455" 2066 6.2 8.0 4.7 11.7 7.9 21.0 38.6 -17.6 243.8 "46,409" 2067 6.2 8.2 4.7 12.2 7.9 21.0 39.2 -18.2 252.6 "47,384" 2068 6.2 8.3 4.8 12.6 7.9 21.0 39.9 -18.8 261.8 "48,379" 2069 6.2 8.5 4.8 13.1 7.9 21.0 40.5 -19.5 271.2 "49,395" 2070 6.2 8.5 4.8 13.5 7.9 21.0 41.0 -20.0 280.7 "50,432" 2071 6.2 8.6 4.8 14.0 7.9 21.0 41.6 -20.5 290.4 "51,491" 2072 6.2 8.8 4.8 14.5 7.9 21.0 42.2 -21.2 300.4 "52,573" 2073 6.3 8.9 4.8 15.0 7.9 21.0 42.9 -21.9 310.7 "53,677" 2074 6.3 9.1 4.9 15.5 7.9 21.0 43.8 -22.7 321.4 "54,804" 2075 6.3 9.1 4.9 16.0 7.9 21.0 44.3 -23.3 332.2 "55,955" 2076 6.3 9.3 4.9 16.6 7.9 21.0 45.0 -24.0 343.3 "57,130" 2077 6.3 9.4 4.9 17.1 7.9 21.0 45.7 -24.7 354.7 "58,329" 2078 6.3 9.6 4.9 17.7 7.9 21.0 46.4 -25.4 366.3 "59,554" 2079 6.3 9.6 4.9 18.3 7.9 21.0 47.0 -26.0 378.1 "60,805" 2080 6.3 9.8 4.9 18.9 7.9 21.0 47.8 -26.8 390.2 "62,082" 2081 6.3 9.9 5.0 19.5 7.9 21.0 48.6 -27.6 402.6 "63,386" 2082 6.4 10.0 5.0 20.1 7.9 21.0 49.4 -28.4 415.4 "64,717" 2083 6.4 10.2 5.0 20.7 7.9 21.0 50.3 -29.3 428.4 "66,076" 2084 6.4 10.2 5.0 21.4 7.9 21.0 50.9 -29.9 441.6 "67,463" 2085 6.4 10.4 5.0 22.1 7.9 21.0 51.8 -30.8 455.2 "68,880" 2086 6.4 10.6 5.0 22.7 7.9 21.0 52.7 -31.7 469.1 "70,327" "Source: GAO's Spring 2012 analysis based on the Trustees’ assumptions for Social Security, Medicare, and Medicaid."