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Social Security is the largest single program in the federal budget and makes up approximately one quarter of total federal spending.
Here are the top ten spending categories for the federal budget.
CBO projects that interest rates will remain low throughout the decade.
The growth of the labor force is projected to slow.
The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues.
The United States spent $725 billion on national defense during fiscal year (FY) 2020 according to the Office of Management and Budget, which amounts to 11 percent of federal spending.
SNAP benefits supplement household incomes to help lift people out of poverty.
The national debt has risen dramatically over the past year.
The growing debt is caused by a structural mismatch between spending and revenues.