State and Federal Medicaid Spending in Billions of Real 2010 Dollars

In this chart Mercatus Center Senior Research Fellow Veronique de Rugy shows that, based on the Congressional Budget Office’s (CBO) long-term projections, Medicaid spending will reach levels far above any amount ever experienced in U.S. history.

State and federal spending on Medicaid is projected to grow from roughly $465 billion today to about $1 trillion 30 years from now. If this spending trend persists, by 2080 Medicaid spending will be $4.3 trillion in real dollars - nearly 7% of GDP in 2080.

Veronique de Rugy blogs about how to save Medicaid at NRO's The Corner.