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Transfers from programs like Medicaid, CHIP, and SNAP represent an increasing share of income for low to middle income groups.
Federal outlays for highways and mass transit are projected to continue outstripping the revenues that finance them.
CBO projects that interest rates will remain low throughout the decade.
SNAP benefits supplement household incomes to help lift people out of poverty.
SNAP spending sharply increased in response to the COVID-19 pandemic, but is projected to decline below historical levels over the next decade.
The majority of SNAP beneficiaries are people from vulnerable populations.
Debt levels have risen in many sectors of the economy.
The U.S. personal saving rate increased drastically in 2020.
The U.S. national saving rate has declined significantly since the mid-1960s.