4 ms·
Defenese spending is much more than you think: it's not just the "defense" category, it's also department of energy, dept of veteran affairs, dept of homeland s
by thorwasdfasdf 6y ago
Defenese spending is much more than you think: it's not just the "defense" category, it's also department of energy, dept of veteran affairs, dept of homeland security, and there's other sections where defense spending comes from. All together it's a sizable chunk.
Social security (20%), medicare and medicaide (20%). unemployment is a very small part as far as i know.
- TheCoelacanth 6y agoYour numbers are technically correct since you only gave one significant figure, but you're still rounding off more than $300 billion and also forgetting to count almost $400 billion in smaller programs. Out of $4.4 trillion: Social security - $1 trillion - 23% Medicare - $644 billion - 15% Medicaid - $409 billion - 9% SNAP, EITC, Unemployment, SSI and other Income Security Programs - $303 billion mandatory spending + $73 billion - 8% That's about 55% of the total on various parts of the safety net. [1] https://www.cbo.gov/publication/56324 https://www.cbo.gov/publication/56324