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Budget Infographic - Mandatory

Daily newsbrief journal for April 2012, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Budget Infographic - Mandatory

Postby admin » Tue Apr 17, 2012 5:07 pm

Budget Infographic - Mandatory
from CBO Recent CBO Publications
The federal government spent $3.6 trillion in fiscal year 2011 (which ended on September 30, 2011). Mandatory spending totaled about $2.0 trillion, or 56 percent of all federal outlays. That category includes spending for entitlement programs and certain other payments to people, businesses, nonprofit institutions, and state and local governments. For the most part, those programs are governed by statutory rules that specify eligibility criteria and benefit amounts. The infographic below provides a closer look at spending on mandatory programs in 2011.

http://www.cbo.gov/publication/43154
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