Rapid fall in health care cost growth provides large budget cushion: Medicare spending as a percent of GDP, 2007 projection vs. actual, 2006–2017
| 2007 Projection | Actual | |
|---|---|---|
| 2006 | 2.70% | 2.72% |
| 2007 | 2.96% | 3.01% |
| 2008 | 3.05% | 3.10% |
| 2009 | 3.31% | 3.47% |
| 2010 | 3.39% | 3.48% |
| 2011 | 3.59% | 3.61% |
| 2012 | 3.49% | 3.41% |
| 2013 | 3.73% | 3.51% |
| 2014 | 3.84% | 3.45% |
| 2015 | 3.99% | 3.52% |
| 2016 | 4.39% | 3.79% |
| 2017 | 4.46% | 3.71% |
Source: Author's analysis ofCongressional Budget Office data (2007; 2016a)