Where Does All the Money Go?
In 2014, the major entitlement programsâ€Social Security, Medicare, Medicaid, and other health care programsâ€ consumed 51 percent of all federal spending. These programs, and interest on the debt, are on track to consume an even greater share of spending in future years, while the portion of federal spending dedicated to other national priorities will decline.
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SPENDING AS A PERCENTAGE OF THE 2014 BUDGET
Source: Office of Management and Budget. Notes: Figures have been rounded. Income security and other benefits includes federal employee retirement and disability, unemployment compensation, food and housing assistance, and other federal income security programs.