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Infinite-­‐Horizon Auerbach-­‐Gale-­‐ Orszag  Fiscal  Gaps   CBO  Adjusted  Baseline  Fiscal  Gap:  

9.5%  

EGTRRA, JGTRRA,  ARRA,  AMT  Tax  Provision  Extension: Other  Baseline  Adjustments:        

 

 

 

2.5%    0.1%  

CBO Current-­‐Law  Baseline  Fiscal  Gap:  

6.9%  

Medicare Part  D:     AmorTzing  Bush-­‐Era  Deficits:  

 

 

 

 

 

 

1.2%    1.4%  

Gore-­‐PAYGO Baseline  Fiscal  Gap:  

4.3%  

Sustainable Deficit    (6%  GDP  growth):  

3.6%  

Each Percentage  Point  of  Excess  Federal  Health  Spending  Growth:   Social  Security:              

 

1.3%    1.5%  

Infinite-Horizon AGO Fiscal Gaps  

CBO
   Adjusted
   Baseline
   Fiscal
   Gap:
   
   
   
   
   9.5%
   Sustainable
   Deficit&#...

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