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As the figure suggests, over 50% of discretionary spending is attributed to national defense. The remaining 48% of funds is divided among non-defense items such as transportation and education. Total discretionary spending approved for the fiscal year 2019 is $1,305 billion, just 28% of total spending. [10]
Transfer payments to (persons) as a percent of Federal revenue in the United States Transfer payments to (persons + business) in the United States. CBO projects that spending for Social Security, healthcare programs and interest costs will rise relative to GDP between 2017 and 2027, while defense and other discretionary spending will decline relative to GDP.
A pie chart showing global military expenditures by country for 2019, in US$ billions, according to SIPRI. Military spending: During 2016, the Department of Defense spent $585 billion, an increase of $1 billion versus 2015. This is a partial measure of all defense-related spending.
Graph of U.S. mandatory and discretionary spending from 1966 to 2015. Mandatory spending levels start to diverge from discretionary spending levels in the early 1990s. In 2016, the U.S. federal government spent $1.2 trillion on U.S. discretionary spending. Of this $1.2 trillion, nearly half ($584 billion) was spent on national defense.
The US spent $6.75 trillion in fiscal year 2024, with Social Security and health topping the list. President-elect Donald Trump has announced his picks to help cut government spending .
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The second "minibus" spending package passed the House on March 22 by a vote of 286 to 134 (101 Republicans and 184 Democrats voted in favor; 112 Republicans and 22 Democrats voted against). The Senate voted 74-24 early Saturday morning on March 23 to pass the $1.2 trillion government funding bill after heated last-minute negotiations caused ...
Discretionary spending is non-essential spending that isn't mandatory for your basic needs like shelter, food, healthcare, work and personal care. Many expenses are essential, but discretionary...