"Baseline Extended based on CBO's Projections for Social Security, Medicare, and Medicaid" Social Security Medicare (net) "Medicaid, CHIP, and Exchange Subsidies" Net interesta All other spending Revenue Total federal spending Effects of provisions related to the Joint Select Committee on Deficit Reduction Unified surplus/deficit Debt held by the public Real GDP Percentage of GDP Billions of 2005 dollars 2010 4.8 3.1 1.9 1.4 12.6 14.9 23.8 0.0 -8.9 62.1 "13,125" 2011 4.8 3.2 1.9 1.5 12.5 15.3 23.8 0.0 -8.5 67.3 "13,451" 2012 4.9 3.0 1.7 1.5 11.9 16.8 23.0 0.0 -6.2 71.2 "13,792" 2013 5.0 3.2 1.8 1.6 11.2 19.0 22.8 0.7 -3.2 72.8 "14,065" 2014 5.0 3.2 2.1 1.7 10.4 20.2 22.4 0.7 -1.6 71.6 "14,550" 2015 4.9 3.1 2.3 1.8 9.8 20.2 22.0 0.6 -1.1 68.7 "15,313" 2016 4.9 3.2 2.5 2.1 9.5 20.1 22.2 0.6 -1.5 67.2 "15,869" 2017 5.0 3.2 2.5 2.3 9.1 20.4 22.1 0.6 -1.2 65.8 "16,321" 2018 5.1 3.1 2.6 2.5 8.7 20.5 22.0 0.5 -1.0 64.3 "16,736" 2019 5.2 3.3 2.6 2.5 8.7 20.6 22.3 0.5 -1.2 63.1 "17,155" 2020 5.3 3.3 2.7 2.6 8.5 20.7 22.4 0.5 -1.2 62.0 "17,552" 2021 5.4 3.4 2.8 2.6 8.3 20.9 22.5 0.5 -1.2 61.0 "17,941" 2022 5.4 3.6 2.9 2.8 8.3 20.9 23.1 0.5 -1.7 60.7 "18,317" 2023 5.5 3.6 2.9 2.9 8.3 20.9 23.2 0.5 -1.9 60.5 "18,716" 2024 5.6 3.7 3.0 2.9 8.3 20.9 23.6 0.5 -2.3 60.6 "19,128" 2025 5.7 3.8 3.0 3.0 8.3 20.9 23.9 0.5 -2.5 61.1 "19,534" 2026 5.7 4.0 3.0 3.0 8.3 20.9 24.1 0.5 -2.8 61.8 "19,944" 2027 5.8 4.1 3.1 3.1 8.3 20.9 24.4 0.5 -3.1 62.7 "20,378" 2028 5.9 4.1 3.1 3.1 8.3 20.9 24.6 0.5 -3.3 63.7 "20,826" 2029 5.9 4.2 3.2 3.2 8.3 20.9 24.8 0.5 -3.5 65.0 "21,269" 2030 6.0 4.4 3.2 3.2 8.3 20.9 25.2 0.5 -3.9 66.6 "21,731" 2031 6.0 4.5 3.3 3.3 8.3 20.9 25.5 0.5 -4.1 68.4 "22,210" 2032 6.0 4.7 3.3 3.4 8.3 20.9 25.8 0.5 -4.4 70.4 "22,698" 2033 6.1 4.7 3.4 3.5 8.3 20.9 26.1 0.5 -4.7 72.6 "23,198" 2034 6.1 4.8 3.4 3.6 8.3 20.9 26.3 0.5 -4.9 74.9 "23,708" 2035 6.1 5.0 3.5 3.7 8.3 20.9 26.7 0.5 -5.4 77.6 "24,229" 2036 6.1 5.1 3.5 3.9 8.3 20.9 26.9 0.5 -5.6 80.4 "24,762" 2037 6.1 5.3 3.6 4.0 8.3 20.9 27.4 0.5 -6.0 83.5 "25,307" 2038 6.1 5.3 3.6 4.2 8.3 20.9 27.5 0.5 -6.2 86.5 "25,883" 2039 6.1 5.4 3.7 4.3 8.3 20.9 27.9 0.5 -6.5 89.8 "26,478" 2040 6.0 5.5 3.8 4.5 8.3 20.9 28.1 0.5 -6.8 93.3 "27,067" 2041 6.0 5.6 3.8 4.7 8.3 20.9 28.4 0.5 -7.1 96.9 "27,663" 2042 6.0 5.7 3.9 4.8 8.3 20.9 28.8 0.5 -7.5 100.8 "28,272" 2043 6.0 5.7 3.9 5.0 8.3 20.9 29.0 0.5 -7.6 104.6 "28,894" 2044 5.9 5.8 4.0 5.2 8.3 20.9 29.3 0.5 -7.9 108.7 "29,529" 2045 5.9 5.9 4.0 5.4 8.3 20.9 29.6 0.5 -8.2 112.8 "30,179" 2046 5.9 6.0 4.1 5.6 8.3 20.9 30.0 0.5 -8.7 117.2 "30,843" 2047 5.9 6.1 4.1 5.8 8.3 20.9 30.3 0.5 -9.0 121.8 "31,521" 2048 5.9 6.2 4.2 6.1 8.3 20.9 30.7 0.5 -9.4 126.6 "32,215" 2049 5.9 6.3 4.2 6.3 8.3 20.9 31.1 0.5 -9.7 131.5 "32,923" 2050 5.9 6.3 4.2 6.6 8.3 20.9 31.3 0.5 -10.0 136.5 "33,648" 2051 5.9 6.4 4.3 6.8 8.3 20.9 31.8 0.5 -10.4 141.8 "34,363" 2052 5.9 6.6 4.3 7.1 8.3 20.9 32.2 0.5 -10.9 147.4 "35,084" 2053 5.9 6.7 4.4 7.4 8.3 20.9 32.7 0.5 -11.4 153.2 "35,821" 2054 6.0 6.8 4.4 7.7 8.3 20.9 33.2 0.5 -11.9 159.4 "36,573" 2055 6.0 6.9 4.4 8.0 8.3 20.9 33.6 0.5 -12.3 165.7 "37,341" 2056 6.0 6.9 4.5 8.3 8.3 20.9 34.0 0.5 -12.7 172.1 "38,126" 2057 6.0 7.0 4.5 8.6 8.3 20.9 34.4 0.5 -13.1 178.7 "38,926" 2058 6.0 7.2 4.5 8.9 8.3 20.9 35.0 0.5 -13.6 185.6 "39,744" 2059 6.1 7.3 4.5 9.3 8.3 20.9 35.5 0.5 -14.2 192.8 "40,578" 2060 6.0 7.4 4.6 9.6 8.3 20.9 36.0 0.5 -14.6 200.1 "41,431" 2061 6.1 7.4 4.6 10.0 8.3 20.9 36.4 0.5 -15.1 207.6 "42,301" 2062 6.1 7.6 4.6 10.4 8.3 20.9 37.0 0.5 -15.7 215.4 "43,189" 2063 6.1 7.7 4.6 10.7 8.3 20.9 37.5 0.5 -16.2 223.1 "44,128" 2064 6.1 7.8 4.7 11.1 8.3 20.9 38.1 0.5 -16.8 231.3 "45,066" 2065 6.1 8.0 4.7 11.6 8.3 20.9 38.7 0.5 -17.4 239.8 "46,012" 2066 6.2 8.0 4.7 12.0 8.3 20.9 39.2 0.5 -17.9 248.5 "46,979" 2067 6.2 8.2 4.7 12.4 8.3 20.9 39.9 0.5 -18.5 257.5 "47,965" 2068 6.2 8.3 4.8 12.9 8.3 20.9 40.5 0.5 -19.2 266.8 "48,972" 2069 6.2 8.5 4.8 13.3 8.3 20.9 41.2 0.5 -19.8 276.4 "50,001" 2070 6.2 8.5 4.8 13.8 8.3 20.9 41.6 0.5 -20.3 286.1 "51,051" 2071 6.2 8.6 4.8 14.3 8.3 20.9 42.2 0.5 -20.9 295.9 "52,123" 2072 6.2 8.8 4.8 14.8 8.3 20.9 42.9 0.5 -21.6 306.1 "53,217" 2073 6.3 8.9 4.8 15.3 8.3 20.9 43.6 0.5 -22.3 316.6 "54,335" 2074 6.3 9.1 4.9 15.8 8.3 20.9 44.5 0.5 -23.1 327.5 "55,476" 2075 6.3 9.1 4.9 16.4 8.3 20.9 45.0 0.5 -23.7 338.5 "56,641" 2076 6.3 9.3 4.9 16.9 8.3 20.9 45.7 0.5 -24.4 349.8 "57,831" 2077 6.3 9.4 4.9 17.5 8.3 20.9 46.4 0.5 -25.1 361.3 "59,045" 2078 6.3 9.6 4.9 18.0 8.3 20.9 47.2 0.5 -25.9 373.1 "60,285" 2079 6.3 9.6 4.9 18.6 8.3 20.9 47.8 0.5 -26.5 385.1 "61,551" 2080 6.3 9.8 4.9 19.2 8.3 20.9 48.6 0.5 -27.3 397.4 "62,843" 2081 6.3 9.9 5.0 19.8 8.3 20.9 49.4 0.5 -28.1 410.0 "64,163" 2082 6.4 10.0 5.0 20.5 8.3 20.9 50.2 0.5 -28.9 422.9 "65,511" 2083 6.4 10.2 5.0 21.1 8.3 20.9 51.1 0.5 -29.7 436.2 "66,886" 2084 6.4 10.2 5.0 21.8 8.3 20.9 51.7 0.5 -30.4 449.6 "68,291" 2085 6.4 10.2 5.0 22.4 8.3 20.9 52.4 0.5 -31.1 463.1 "69,725" "Source: GAO's Fall 2011 analysis based on CBO's projections for Social Security, Medicare, and Medicaid." aThis includes interest savings resulting from the effects of provisions related to the Joint Select Committee on Deficit Reduction.