Monday, November 21, 2011

Worst Case Scenario - 2019


I don't think this scenario is likely, but it certainly is possible.  Revenue and GDP figures come from the CRFB projection.  Social Security and Medicare come from the "high-cost" projections.  Medicaid increases at a 8.3% rate, which comes from the trustee report.  "Other" increases at 4%, which is less than Revenue and GDP increases.

Update 6/19/12: This is model J-6, and it is too pessimistic.

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