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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.
Several politicians and think tanks have proposed freezing non-defense discretionary spending at particular levels and holding this spending constant for various periods of time. President Obama proposed freezing discretionary spending representing approximately 12% of the budget in his 2011 State of the Union address. [59]
During FY2018, the federal government spent $4.11 trillion, up $127 billion or 3.2% vs. FY2017 spending of $3.99 trillion. Spending increased for all major categories and was mainly driven by higher spending for Social Security, net interest on the debt, and defense. Spending as % GDP fell from 20.7% GDP to 20.3% GDP, equal to the 50-year average.
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.
Discretionary spending is optional spending that is determined by Congress each year through an annual appropriations process. [9] After mandatory spending levels have been estimated by the Office of Management and Budget , discretionary spending is determined by both chambers of Congress and usually includes input from the incumbent president ...
The spending sequester in the Budget Control Act of 2011 (BCA) essentially freezes non-defense discretionary spending in current dollar terms for the 2013–2022 period, limiting growth to approximately 1.5% per year (about the rate of inflation) versus approximately 6% over the past decade. CBO estimated spending under the sequester from 2012 ...
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...
The sequester lowered spending by a total of approximately $1.1 trillion versus pre-sequester levels over the approximately 8-year period from 2013 to 2021. It lowered non-defense discretionary spending (i.e., certain domestic programs) by a range of 7.8% (in 2013) to 5.5% (in 2021) versus pre-sequester amounts, a total of $294 billion.