Declining Federal Investment Spending
Over the past 50 years, the share of the federal budget devoted to investments in the future has fallen sharply.
https://www.pgpf.org/chart-archive/0302_declining_investment_future
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Over the past 50 years, the share of the federal budget devoted to investments in the future has fallen sharply.
https://www.pgpf.org/chart-archive/0302_declining_investment_future
Mandatory spending accounts for about two-thirds of the budget.
Defense spending accounts for nearly half of total discretionary spending.
https://www.pgpf.org/chart-archive/0070_discretionary_spending_categories
Nondefense discretionary spending includes many programs that could promote future economic growth.
https://www.pgpf.org/chart-archive/0021_discretionary-spending
Spending on foreign affairs accounts for slightly more than 1 percent of total federal spending.
https://www.pgpf.org/chart-archive/0239_foreign_affairs_spending
Defense spending covers a wide range of activities.
https://www.pgpf.org/chart-archive/0314_defense_spending_categories
The composition of defense spending has changed over time.
https://www.pgpf.org/chart-archive/0315_defense_spending_change
“As the national debt races toward $34 trillion, policymakers remain mired in short-term budget battles that do nothing to improve our fiscal outlook,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2023/11/fci-press-release
The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues.
Healthcare expenditures in the U.S. are much higher than those of other developed countries.
https://www.pgpf.org/chart-archive/0170_international_health_spending_comparison