
Composition of Revenues 1977–2029
The composition of federal revenues has been relatively constant since the mid-1970s.
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The composition of federal revenues has been relatively constant since the mid-1970s.
Social Security is the largest program funded by the federal government.
https://www.pgpf.org/chart-archive/0299-social-security-largest-program
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
Deficits would be even higher under an alternative fiscal scenario.
Spending on federal entitlement programs will more than double between 1984 and 2049.
https://www.pgpf.org/chart-archive/0027_entitlement-programs-proj
Discretionary spending is projected to stay below its historical share of GDP.
https://www.pgpf.org/chart-archive/0177_discretionary_low_levels
Defense spending is projected to stay below its historical share of GDP.
Discretionary spending funds a wide range of government programs.
https://www.pgpf.org/chart-archive/0070_discretionary_spending_categories
Interest costs are projected to outpace important investments in our future.
https://www.pgpf.org/chart-archive/0005_investments_interest
The budget projections released by the Congressional Budget Office (CBO) in August reaffirm the perilous path of deficits and debt expected over the next decade.