Federal Budget Outlays – 1795-2065 (as percentage of GDP)

This graph provides an effective illustration of the severity of our indebtedness as a nation, and particularly the important roles played by Medicare, Medicaid and Social Security (Source: John F. Cogan, Hoover Institution):

Federal Budget Outlays - 1795-2065 (as percentage of GDP)

2 thoughts on “Federal Budget Outlays – 1795-2065 (as percentage of GDP)

  1. Great graph on federal budget outlays, 1795-2065. I have been trying to find the source. Any hints?(I searched under “John Cogan” with no luck.)

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