رشد مخارج غیردفاعی دولت آمریکا
Spending on national defense has declined as a share of the economy since 1962. In contrast, non-defense spending has soared, steadily increasing due to the unsustainable growth of social benefit programs. In 2020, non-defense federal spending hit a record of 26 percent of GDP.
Nondefense spending was nine times higher in 2019 than it was in 1965 after adjusting for inflation, and more than five times as much per person. Meanwhile, the level of inflation adjusted defense spending has remained relatively consistent, especially on a per person basis.
@TMSCGC
Spending on national defense has declined as a share of the economy since 1962. In contrast, non-defense spending has soared, steadily increasing due to the unsustainable growth of social benefit programs. In 2020, non-defense federal spending hit a record of 26 percent of GDP.
Nondefense spending was nine times higher in 2019 than it was in 1965 after adjusting for inflation, and more than five times as much per person. Meanwhile, the level of inflation adjusted defense spending has remained relatively consistent, especially on a per person basis.
@TMSCGC
افزایش هزینه بهره بدهی های دولت آمریکا
Interest payments for the national debt are a two-fold problem. First, today’s interest rates are far below historical averages, and expected increases will cost hundreds of billions of dollars per year. Second, chronic high deficits are causing debt to grow faster than the economy. The combined effect will eventually cause interest payments to consume over 13% of the economy per year. Elected officials have a responsibility to end deficit spending and avoid the mounting fiscal crisis.
@TMSCGC
Interest payments for the national debt are a two-fold problem. First, today’s interest rates are far below historical averages, and expected increases will cost hundreds of billions of dollars per year. Second, chronic high deficits are causing debt to grow faster than the economy. The combined effect will eventually cause interest payments to consume over 13% of the economy per year. Elected officials have a responsibility to end deficit spending and avoid the mounting fiscal crisis.
@TMSCGC
هزینه تامین اجتماعی دولت آمریکا
Social Security’s shortfall has more than tripled since 2010. Filling the gap with revenue would require a 3.1 percentage point increase in the payroll tax, which would take an extra $2,160 each year from middle-class households. Congressional failure to address the unsustainable growth in spending means that Social Security solvency becomes much harder to reach with each passing year.
@TMSCGC
Social Security’s shortfall has more than tripled since 2010. Filling the gap with revenue would require a 3.1 percentage point increase in the payroll tax, which would take an extra $2,160 each year from middle-class households. Congressional failure to address the unsustainable growth in spending means that Social Security solvency becomes much harder to reach with each passing year.
@TMSCGC