Industrial Insight

Our debt problem is a health care problem… | July 21, 2011

Missing the Debt

July 21, 2011 11:06 A.M.
<img src="cid:part1.03060606.06020903

Simply put, that debate is all about health-care entitlements. And I mean all. Last month, the Congressional Budget Office released its most recent long-term outlook document (from which the chart above is taken), and with it they released the underlying data tables they used to produce their projections (which you can find here). Here’s a quick chart based on those tables, showing the components of federal spending over the coming decades:


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About author

I'm the executive vice president for a steel casting trade association, the Steel Founders' Society of America. I've got a crazy wife, five crazy children, three crazy people that married into the family, and two crazy fun little grandsons.







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