The population of the United States is expected to age significantly over the next 25 years.
June 15, 2012
SOURCE: Data from the Congressional Budget Office, The 2012 Long-Term Budget Outlook, June 2012. Compiled by PGPF.
By CBO's account, the number of people aged 65 and over will increase by almost 90 percent over the next 25 years. As a result, spending on Social Security as a share of GDP will climb by almost 25 percent — from 5 percent of GDP in 2012 to 6.2 percent of GDP in 2037.
This chart appeared as part of PGPF's analysis of Congressional Budget Office's 2012 Long-Term Budget Outlook. To read the full report, click here.
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