State and Federal Medicaid Spending in Billions of Real 2010 Dollars

State and Federal Medicaid Spending in Billions of Real 2010 Dollars

Veronique de Rugy | Jun 27, 2011

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.

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