The growth of automatic spending

The growth of automatic spending

In 1962, 68 percent of the federal budget was discretionary spending. It was appropriated annually and came under some level control of Congress. About 32 percent of the budget consists of entitlements – or mandatory spending – and...
Federal spending continues to grow

Federal spending continues to grow

Ten years ago, the federal government spent $2 trillion. This year we’ll spend $3.8 trillion or $3,800 billion dollars. We have virtually doubled spending in just 10 years. The most recent House budget proposes to spend $4.9 trillion 10 years in the future in...