Figure C

Long-run spending projection dominated by health cost growth assumptions, not demography: Social Security and Medicare cost projections, 2007 and 2015

2007 Social Security  2015 Social Security 2007 Medicare 2015 Medicare
2015 4.6 4.9 3.2 3.0
2016 4.7 4.9 3.3 3.1
2017 4.8 4.9 3.5 2.9
2018 5.0 5.0 3.5 2.8
2019 5.0 5.1 3.6 3.0
2020 5.1 5.2 3.8 3.1
2021 5.2 5.3 3.9 3.2
2022 5.3 5.4 4.1 3.5
2023 5.5 5.5 4.3 3.4
2024 5.6 5.6 4.4 3.3
2025 5.7 5.7 4.6 3.6
2026 5.8 5.8 4.8 3.7
2027 5.9 5.9 5.0 3.8
2028 6.0 5.9 5.2 3.9
2029 6.0 6.0 5.4 4.0
2030 6.1 6.1 5.6 4.2
2031 6.1 6.1 5.7 4.3
2032 6.2 6.2 5.9 4.4
2033 6.2 6.2 6.1 4.5
2034 6.2 6.2 6.3 4.6
2035 6.3 6.3 6.5 4.7
2036 6.3 6.3 6.7 4.7
2037 6.3 6.3 6.8 4.8
2038 6.3 6.2 7.0 4.9
2039 6.3 6.2 7.2 5.0
2040 6.3 6.2 7.3 5.1
2041 6.3 6.1 7.5 5.2
2042 6.2 6.1 7.6 5.3
2043 6.2 6.1 7.8 5.4
2044 6.2 6.0 8.0 5.4
2045 6.2 6.0 8.1 5.5
2046 6.1 6.0 8.3 5.6
2047 6.2 6.0 8.4 5.7
2048 6.1 6.0 8.6 5.7
2049 6.1 5.9 8.7 5.8
2050 6.1 5.9 8.9 5.9
2051 6.1 5.9 9.0 6.0
2052 6.1 5.9 9.2 6.0
2053 6.1 5.9 9.4 6.1
2054 6.1 5.9 9.5 6.2
2055 6.1 5.9 9.7 6.3
2056 6.1 6.0 9.8 6.3
2057 6.1 6.0 10.0 6.4
2058 6.1 6.0 10.2 6.5
2059 6.2 6.0 10.4 6.6
2060 6.2 6.1 10.6 6.7
2061 6.2 6.1 10.8 6.8
2062 6.2 6.1 10.9 6.9
2063 6.2 6.1 11.1 7.0
2064 6.2 6.1 11.3 7.1
2065 6.2 6.1 11.5 7.2
2066 6.2 6.1 11.7 7.3
2067 6.2 6.2 11.9 7.4
2068 6.3 6.2 12.1 7.5
2069 6.3 6.2 12.3 7.5
2070 6.3 6.2 12.5 7.7
2071 6.3 6.2 12.6 7.8
2072 6.3 6.2 12.8 7.9
2073 6.3 6.3 13.0 8.0
2074 6.4 6.3 13.2 8.1
2075 6.3 6.3 13.4 8.2
2076 6.3 6.3 13.6 8.3
2077 6.3 6.3 13.8 8.4
2078 6.4 6.3 14.0 8.5
2079 6.4 6.3 14.2 8.6
2080 6.4 6.3 14.4 8.7
2081 6.4 6.3 14.6 8.8
2082 6.4 6.3 14.8  8.9 
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Source: Congressional Budget Office Budget and Economic Outlooks from 2007 and 2015

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