USA Government Spending: The Details

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crazyshit-Cory H. 4,501 Views 1 month ago User Submissions

About 59 percent of government spending comes from the federal government; About 24.5 percent is spent by state governments and 26 percent by local governments. About 10 percent of total spe... About 59 percent of government spending comes from the federal government; About 24.5 percent is spent by state governments and 26 percent by local governments. About 10 percent of total spending is transferred from the federal government to state and local governments. The federal government is budgeted to spend $7.27 trillion in FY 2025, of which about $1.1 trillion is transferred to state and local governments. Federal pension programs, including Social Security, will cost about $1,610 billion; federal health care programs, including Medicare and the federal share of Medicaid, will cost $1,835 billion; defense, including the Departments of Defense and State, and the Veterans Administration, will cost about $1,363 billion. Federal welfare costs will come in at $735 billion, and federal education programs will cost about $207 billion. Interest on the national debt is estimated at $965 billion. State governments are "guesstimated" by usgovernmentspending.com to spend about $3.49 trillion in FY 2025. The biggest expenditure will be $1,418 billion for health care, mainly on Medicaid and related programs partially funded by the federal government. Next up are education at $519 billion and employee pensions at $410 billion. Welfare is expected to cost about $94 billion and transportation $188 billion. Local governments are "guesstimated" by usgovernmentspending.com to spend about $3.09 trillion in FY 2025. The biggest expenditure is $1,197 billion for education. Next comes police and fire protection at $278 billion, health care at $372 billion, and transportation at $201 billion. Show more