Brief How Will the Federal Budget Change Over the Decade if Congress Does Nothing?
Estimates from Fiscal Policies in Place at the Start of 2019
C. Eugene Steuerle, Caleb Quakenbush
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The federal budget in place at the beginning of 2019 puts a substantial squeeze on almost all areas of government activity other than health, Social Security, and interest on the debt. Before funding is spent on anything else, those three items capture far more than all the projected growth in revenues that accompany economic growth. Indeed, almost all programs oriented toward economic growth—investments in work, saving, education, skills, and capital—will continue to suffer as long as we stay on this budget path.

Research Areas Health and health care Wealth and financial well-being Aging and retirement Taxes and budgets Children and youth
Tags Social Security Federal health care reform Health equity Medicaid and the Children’s Health Insurance Program  Medicare Medicare and private health insurance Retirement Individual taxes Federal budget and economy Inequality and mobility Kids in context Retirement policy