Social Security and Medicare Spending Growth: Is It Just More Seniors or More Per Senior?
University of Kentucky
Long-term federal budget forecasts show sizable increases in federal spending in the coming decades. A large share of this increase in spending is due to Social Security and Medicare. Some of this is due simply to the growth in the eligible population but is some due to growth in spending per beneficially. Our finding show that each accounts for sizable shares of the growth. Thus, there is room to limit benefits without cutting them and still constrain spending growth. .
Published: February, 2019