Sep 6, 2017 ... Today, new threats to U.S. national security are emerging from terrorist groups as  well as some nation-states. Many analysts argue that defense spending needs to  grow faster than inflation for several years after half a dozen years of reductions.  Our estimates assume that defense outlays will remain at or ...
Apr 4, 2017 ... In fiscal year 2016, which ended this past Sept. 30, the federal government spent  just under $4 trillion, and about $2.7 trillion – more than two-thirds of the total –  went for various kinds of social insurance (Social Security, Medicaid and  Medicare, unemployment compensation, veterans benefits and the like).
That means that federal government spending makes up a sizable share of all  money spent in the United States each year. So, where ... Mandatory and  discretionary spending account for more than ninety percent of all federal  spending, and pay for all of the government services and programs on which we  rely. Interest on ...
Aug 17, 2017 ... (The government projects it will pay out about $474.5 billion in interest in fiscal  2017, which ends Sept. 30. But that includes interest credited to Social Security  and other government trust funds, as well as a relatively small amount of  offsetting investment income.) By comparison, debt service was more than ...
One of the most damaging effects of rising debt is rapidly growing interest costs.  Under current law, CBO projects that interest payments on the debt will more than  quadruple over the next 30 years, climbing from 1.4% of GDP in 2017 to 6.2% in  2047. By 2047, CBO projects that interest costs alone could be more than two ...
Within a few years, we will be spending more on interest payments than on national security.