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How Have CBO’s Projections of Spending for Medicare and Medicaid Changed Since the August 2012 Baseline?

blog post

In its most recent baseline projections, CBO reduced its estimates of spending for the Medicare and Medicaid programs compared with its estimates in the August 2012 baseline. For the 2013–2022 period, projected spending for those programs is now $382 billion (or 3½ percent) below the agency’s estimates in August 2012.