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Federal Government Releases FY 2008 Financial Report; Social Security, Medicare Costs Continue to Climb
Treasury Department; Office of Management and Budget 
Dec. 16, 2008
Excerpt from press release: 'Over the next two decades, Social Security and Medicare expenditures are projected to increase from their current 8 percent of GDP to about 11 percent. Without reform, the cost of these programs is projected to approach 18 percent of GDP by 2080.
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