Growth in Social Security, Medicare, and Medicaid have accounted for most of the increases in government spending since the 1960s
February 02, 2015

Since the 1960s, most of the increases in government spending can be attributed to the growth of Medicare, Medicaid, and Social Security. The growth of spending on these entitlement programs has more than made up for reductions in defense spending since the 1960s. Looking forward, driven by rising health care costs and our aging population, entitlement programs and interest on the national debt will account for all of the growth of government spending in the next 30 years, according to the Congressional Budget Office.

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Related Charts:

Social Security Deficits through 2035
Growing Social Security Deficits
Where The Growth In Spending Comes From
R&D and Interest Costs
Social Security, Health Care, and Defense Spending 1965-2010

Peter G. Peterson Foundation Chart Pack:

The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues. In this set of charts, we aim to frame the financial condition and fiscal outlook of the U.S. government within a broad economic, political, and demographic context.
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