SNAP Spending Increases During Recessions
SNAP spending sharply increased in response to the COVID-19 pandemic, but is projected to decline below historical levels over the next decade.
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SNAP spending sharply increased in response to the COVID-19 pandemic, but is projected to decline below historical levels over the next decade.
Mandatory programs and interest costs will take over more of the federal budget, squeezing discretionary programs.
https://www.pgpf.org/chart-archive/0156_mandatory_discretionary_pies
Spending on the major healthcare programs, Social Security, and interest will continue to climb rapidly over the long term.
https://www.pgpf.org/chart-archive/0281_spending_to_climb_rapidly
The amount of defense spending in the United States dwarfs that of other nations — we spend more on defense than the next 9 countries combined.
https://www.pgpf.org/blog/2022/09/house-proposes-modest-increase-in-defense-spending
Despite higher healthcare spending per capita, the U.S. generally does not have better health outcomes.
https://www.pgpf.org/chart-archive/0252_health_outcomes_spending
Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world in 2022.
“As the 2024 campaign heats up, voters are calling on candidates to show leadership by backing a fiscal commission to address our unsustainable national debt,” said Michael A. Peterson.
https://www.pgpf.org/press-release/2024/01/fci-press-release
The United States has one of the most expensive health systems in the world.
"Committee passage of the Fiscal Commission Act is an important step toward a comprehensive approach to stabilizing our rapidly growing national debt," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
U.S. health care spending is highly focused on the costliest patients.
https://www.pgpf.org/chart-archive/0209_healthcare_spending_focused