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Aging Americans May Weigh on Entitlement Cuts: Chart of the Day

Congress missed a chance to pick “low hanging fruit” in Social Security and other entitlement programs as part of a fiscal overhaul, according to Steven C. Wieting, Citigroup Inc.’s managing director of economic and market analysis.

The CHART OF THE DAY shows demographic shifts may hamper future efforts to rein in budget deficits through entitlement changes, as Wieting wrote in a report yesterday.