Report
Fact-based, data-driven research and analysis to advance democratic debate on vital issues shaping people’s lives.
Center for Economic and Policy Research
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March 2005, Dean Baker and David Rosnick
This report shows that the burden of excessive health care cost growth (defined as cost growth in excess of economic growth and the impact of aging) over the years 1980 to 2004 was almost 7 times as large as the tax increase that the Social Security trustees project will be needed to keep Social Security fully solvent over its 75-year planning horizon. Revised April 2005.
