From 1965 KP 1200% 1000% 800% 600% 400% 200% 0% Debt Level: Why It Has Risen Expenses (Entitlement + One-Time Items*) Grew Faster Than GDP USA Real Federal Expenses vs. Real GDP % Change, 1965 — 2010 Total Expenses Entitlement Programs Non-Defense Discretionary Defense Net Interest Payments —- =Real