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From the Chairmen.

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Table Of Contents.

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The Principles and Summary.

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“Unless meaningful

Social Security reforms

are enacted, a dramatic

and immediate benefit

cut will hit all seniors.”

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Tables.

(Updated 4/8/14)

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2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total

Revenues 3,304 3,481 3,631 3,770 3,932 4,103 4,288 4,490 4,702 4,926 40,627

Outlays 3,536 3,574 3,648 3,755 3,906 4,079 4,230 4,435 4,538 4,629 40,331

Deficit/Surplus -232 -93 -17 15 26 24 58 55 164 297 296

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2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average

Revenues 18.2% 18.2% 18.1% 18.0% 18.0% 18.0% 18.1% 18.1% 18.2% 18.4% 18.1%

Outlays 19.5% 18.7% 18.2% 17.9% 17.9% 17.9% 17.8% 17.9% 17.6% 17.3% 18.1%

Deficit/Surplus -1.3% -0.5% -0.1% 0.1% 0.1% 0.1% 0.2% 0.2% 0.6% 1.1% 0.1%

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2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total

Social Security 884 929 983 1,041 1,104 1,173 1,244 1,320 1,398 1,479 11,557

Medicare 513 544 552 572 632 670 712 789 806 832 6,622

Medicaid/CHIP 302 302 302 302 302 302 302 302 302 302 3,021

Obamacare 0 0 0 0 0 0 0 0 0 0 0

Other Mandatory 458 435 421 405 401 415 416 427 406 369 4,154

Discretionary 1,113 1,052 1,020 1,005 994 1,012 1,031 1,054 1,070 1,084 10,436

Interest 266 312 370 430 472 506 525 542 556 563 4,542

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2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total

Non-Defense 429 384 360 347 353 358 364 367 371 374 3,708

Defense 521 566 590 603 616 630 644 661 678 696 6,205

OCO 85 30 30 30 0 0 0 0 0 0 175

Total 1,035 980 980 980 969 988 1,008 1,028 1,049 1,070 10,088

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2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total

Revenues 0 0 0 0 0 0 0 0 0 0 0

Outlays -254 -408 -507 -603 -705 -780 -884 -975 -1,086 -1,236 -7,436

Deficit Improvement 254 408 507 603 705 780 884 975 1,086 1,236 7,436

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2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total

Revenues 0 0 0 0 0 0 0 0 0 0 0

Social Security -2 -4 -6 -9 -12 -15 -18 -21 -24 -27 -137

Medicare 0 -11 -14 -18 -21 -27 -32 -37 -42 -61 -264

Medicaid and Other Health -55 -40 -61 -77 -98 -121 -146 -171 -197 -225 -1,190

Obamacare -76 -156 -187 -198 -209 -222 -236 -248 -263 -272 -2,066

Other Mandatory -33 -81 -87 -99 -98 -95 -108 -122 -135 -169 -1,025

Discretionary -86 -103 -119 -142 -178 -185 -191 -182 -184 -193 -1,563

Interest -2 -13 -32 -59 -88 -118 -155 -195 -239 -288 -1,190

Total Outlays -254 -408 -507 -603 -705 -780 -884 -975 -1,086 -1,236 -7,436

Deficit Improvement 254 408 507 603 705 780 884 975 1,086 1,236 7,436

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