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Deficits final

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Deficits final

  1. 1. Note: Figures are adjusted for war spending drawdown Source: CBO Alternative Fiscal Scenario, July 2014 In $bn Deficits Projected To Rise
  2. 2. Discretionary Spending Getting Squeezed % of GDP Note: Discretionary spending is adjusted for war spending drawdown Source: CBO 5.9 5.6 4.9
  3. 3. Source: CBO Alternative Fiscal Scenario, July 2014 Medicare Costs Moderating % of GDP 4.7% 5.2%

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