Percentage of GDP Being Spent and Projected Spending on Medicare, Medicaid, CHIP, and Exchange Subsidies

Notes: The extended baseline generally reflects current law, following CBO’s 10-year baseline budget projections through 2024 and then extending the baseline concept for the rest of the long-term projection period.
CHIP = Children’s Health Insurance Program.
a. Net Medicare spending (includes offsetting receipts from premium payments by beneficiaries and amounts paid by states from savings on Medicaid’s prescription drug costs).

Data Sources: Congressional Budget Office

Source: Congressional Budget Office: The 2014 Long-Term Budget Outlook