Government spending
USA Facts -
- Twenty-two percent of the total federal budget — $1.35 trillion —
was for Social Security. The main groups that received these benefits
are people of retirement age (who were awarded $1.15 trillion), people
with disabilities ($150.9 billion), and survivors of deceased spouses or
children ($50.9 billion).
- In December 2023, 67.1 million people received monthly Social
Security benefits, including 50.1 million retired workers and 7.4
million disabled workers, plus these groups’ dependents. It also
included 5.8 million survivors.
- Government healthcare plans were also among the largest aspects of
mandatory spending. Medicare accounted for $848 billion, while Medicaid
accounted for $616 billion.
- Everything in the federal budget that isn’t mandatory spending is
called discretionary spending, which amounted to $1.7 trillion last
year. Unlike mandatory spending, these categories have more flexible
budgets and are subject to congressional appropriations.
- The US spent $806 billion on defense, the biggest discretionary
category, with $317 billion of that supporting acquiring and maintaining
new weapons systems. About $173 billion covered military personnel pay
and benefits. Another $142 billion covered modifying/procuring new
aircraft, armored vehicles, satellites, and more.
- The largest non-defense aspect of discretionary spending is still
military-related: $131 billion for veterans’ benefits. Second to that
was funding for education, including special education, adult education,
and financial aid at $125 billion. Another $115 billion went to
transportation projects.
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