Saturday, February 13, 2010

CYTD Non-Discretionary Trends

Below is a table of the Calendar Year To Date (CYTD) fiscal data in the "big three" non-discretionary Treasury spending line items of Medicaid, Medicare and Social Security.

I've looked at the CYTD data over the last three calendar years (calendar years are analysed here due to the fact that Social Security COLAs are effective over calendar years vice fiscal years). There may be a calendar quirk in the January 2010 Social Security data, but nonetheless, fiscal transfers in these three areas are down YoY in 2010 from 2009 CYTD.

I'll report on these areas as the year progresses.

PS: $M

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