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On average, Social Security benefits exceed Social Security taxes over an individual’s lifetime.
https://www.pgpf.org/Chart-Archive/0198_social_security_lifetime_benefits
Social Security provides social insurance by redistributing income from high earners to low earners.
https://www.pgpf.org/chart-archive/0244_social-security-income-redistribution
Spending on federal entitlement programs will more than double between 1984 and 2049.
https://www.pgpf.org/chart-archive/0027_entitlement-programs-proj
Defense spending is projected to stay below its historical share of GDP.
The U.S. has historically devoted a larger share of its economy to defense than other members of the G-7.
Growth in Social Security, Medicare, and Medicaid have more than offset declines in defense since the late 1960s.
https://www.pgpf.org/chart-archive/0013_spending-composition-simple
Spending on foreign affairs accounts for slightly more than 1% of total federal spending.
https://www.pgpf.org/chart-archive/0239_foreign_affairs_spending
Compensation and medical care make up more than 40 percent of the defense budget.
https://www.pgpf.org/chart-archive/0216_compensation_defense_budget
Low-income seniors rely on Social Security benefits for a major share of their retirement income.
https://www.pgpf.org/chart-archive/0018_social-security-low-income
The United States spends more on defense than the next seven countries combined.
