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
حد بدهی دولت آمریکا
The debt ceiling or debt limit ensures that Congress is confronted with the consequences of out-of-control spending and borrowing in Washington. Like an alarm clock, the debt ceiling offers a fiscal check on the government’s finances and encourages congressional deliberation of policies to control spending and debt. Congress must not suspend the debt ceiling again. Congress should enact fiscal controls to put the budget on a path to balance before raising the debt ceiling.
@TMSCGC
The debt ceiling or debt limit ensures that Congress is confronted with the consequences of out-of-control spending and borrowing in Washington. Like an alarm clock, the debt ceiling offers a fiscal check on the government’s finances and encourages congressional deliberation of policies to control spending and debt. Congress must not suspend the debt ceiling again. Congress should enact fiscal controls to put the budget on a path to balance before raising the debt ceiling.
@TMSCGC
بدهی های خارجی دولت آمریکا
To finance borrowing, the U.S. government sells treasury securities domestically and abroad. Foreign governments, individuals, and institutions then buy these securities as an investment. Currently, mainland China is the second-largest foreign owner of U.S. national debt with over $1 trillion.
@TMSCGC
To finance borrowing, the U.S. government sells treasury securities domestically and abroad. Foreign governments, individuals, and institutions then buy these securities as an investment. Currently, mainland China is the second-largest foreign owner of U.S. national debt with over $1 trillion.
@TMSCGC
ترکیب مخارج دولت آمریکا
In 2019, major ennoscriptment programs—Social Security, Medicare, Medicaid, Obamacare, and other health care programs—consumed 51 percent of all federal spending, larger than the portion of spending for other national priorities (such as national defense) combined.
@TMSCGC
In 2019, major ennoscriptment programs—Social Security, Medicare, Medicaid, Obamacare, and other health care programs—consumed 51 percent of all federal spending, larger than the portion of spending for other national priorities (such as national defense) combined.
@TMSCGC