Budget Basics: National Defense
The defense share of the federal budget has averaged 21 percent over the past two decades.
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The defense share of the federal budget has averaged 21 percent over the past two decades.
The rapid growth in health care costs is the largest and fastest growing fiscal challenge.
The poverty rate in 2009 was 14.3 percent, up from 13.2 percent in 2008. This is the highest rate since 1994.
https://www.pgpf.org/analysis/census-bureau-report-on-poverty-and-health-insurance-coverage
Medicare’s financial problems affect the entire budget, and are largely responsible for projected increases in federal deficits.
https://www.pgpf.org/analysis/the-financial-condition-of-medicare
The United States, by far, spends the greatest amount on military (in nominal terms) than any other country.
https://www.pgpf.org/analysis/why-defense-matters-for-deficit-reduction