Tabla de Contenidos:
  • AMERICA'S LONG-TERM FISCAL OUTLOOK; CONTENTS; PREFACE; THE ECONOMIC IMPLICATIONS OF THE LONG-TERM FEDERAL BUDGET OUTLOOK; SUMMARY; PROJECTIONS SHOW THAT CURRENT FISCAL POLICY IS UNSUSTAINABLE; The Effects of Current Policy on the Economy; Why Can't the Contributions of Young Workers Finance the Benefits That They Have Been Promised?; Trust Funds Cannot Finance Future Benefits from a Government-Wide Perspective; ECONOMIC EFFECTS OF REFORM OPTIONS; Prefunding to Reduce the Scope of Policy Changes; Inter-Generational Equity; Reducing Uncertainty; Reform Options: Reducing Benefits.
  • Social Security24Medicare and Medicaid; Reform Options: Raising Taxes; Reform Options: Individual Accounts; CONCLUSION; THE LONG-TERM BUDGET OUTLOOK; THE FEDERAL BUDGET OUTLOOK OVER THE LONG RUN; Introduction and Summary; BOX 1-1. THE FISCAL GAP; The Outlook for Federal Spending; BOX 1-2. AGING, EXCESS COST GROWTH IN HEALTH SPENDING, AND THE FEDERAL BUDGET; The Outlook for Revenues; Projected Deficits and Debt; How Would Rising Federal Debt Affect the Economy?; BOX 1-3. WHY IS FEDERAL DEBT HELD BY THE PUBLIC IMPORTANT?; Debt as a Measure of Fiscal Sustainability.
  • Historical and Cross-Country Debt ComparisonsAlternative Fiscal Scenario; Extended-Baseline Scenario; What Are the Costs of Delaying Action on the Budget?; THE LONG-TERM OUTLOOK FOR MEDICARE AND MEDICAID; Overview of the Medicare Program; Overview of the Medicaid Program; Growth in the Programs' Costs; Medicare; Medicaid; Projections of the Programs' Costs; Projections Under Alternative Assumptions; Trust Fund Measures; Slowing the Growth of Health Care Costs; THE LONG-TERM OUTLOOK FOR SOCIAL SECURITY; How Social Security Operates; The Outlook for Social Security Spending.
  • Slowing the Growth of Social Security SpendingTHE LONG-TERM OUTLOOK FOR OTHER FEDERAL SPENDING; Discretionary Spending; Defense Discretionary Spending; BOX 4-1. HOW FUNDING FOR OPERATIONS IN IRAQ AND AFGHANISTAN AND FOR OTHER ACTIVITIES RELATED TO THE WAR ON TERRORISM AFFECTS PROJECTIONS OF DEFENSE SPENDING; Projected Spending for War-Related Activities Under CBO's Long-Term Budget Scenarios (Percentage of gross domestic product); Nondefense Discretionary Spending; Other Mandatory Spending; THE LONG-TERM OUTLOOK FOR REVENUES; Revenues Over the Past 50 Years.
  • Factors Affecting Future Federal RevenuesRevenue Projections Under CBO's Long-Term Budget Scenarios; Individual Income Taxes; Other Revenues; Implications of the Long-Term Budget Scenarios for Revenues; Impact of the AMT; Marginal Tax Rates on Income from Labor and Capital; Impact of Inflation; LONG-TERM FISCAL OUTLOOK: LONG-TERM FEDERAL FISCAL CHALLENGE DRIVEN PRIMARILY BY HEALTH CARE; WHY GAO DID THIS STUDY; WHAT GAO FOUND; THE LONG-TERM FISCAL OUTLOOK REMAINS UNSUSTAINABLE; THE FEDERAL GOVERNMENT'S LONG-TERM FISCAL OUTLOOK IS DRIVEN PRIMARILY BY HEALTH CARE.