More Than Half of the President’s Budget Would Be Spent on Entitlement Programs
In combination with other entitlements, such as food stamps, unemployment, and housing assistance,Medicare, Medicaid, and Social Security constitute the lion’s share of President Obama’s 2012 budget. In contrast, spending on foreign aid represents 2 percent.
PERCENTAGE OF THE PRESIDENT’S FY2012 BUDGET
Chart 9 of 42
Policy Papers for Researchers
- WEBMEMO ON FEBRUARY 14, 2011President Obama’s 2012 Budget Builds on Failures of the Past
- BACKGROUNDER ON MARCH 09, 2011Obama’s 2012 Budget Offers More Gimmicks, Not Reform
The charts in this book are based primarily on data available as of March 2011 from the Office of Management and Budget (OMB) and the Congressional Budget Office (CBO). The charts using OMB data display the historical growth of the federal government to 2010 while the charts using CBO data display both historical and projected growth from as early as 1940 to 2084. Projections based on OMB data are taken from the White House Fiscal Year 2012 budget. The charts provide data on an annual basis except… Read More