Figure 5.7 on page 167 shows that the Congressional Budget Office forecasts that less than half of future increases in spending on Medicare and Medicaid as a percentage of GDP will be due to the aging...



Figure 5.7 on page 167 shows that the Congressional


Budget Office forecasts that less than half of future


increases in spending on Medicare and Medicaid as a percentage of GDP will be due to the aging of the population.


What factors explain most of the increase?



May 26, 2022
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