U.S. government: proposed spending by program 2024

For fiscal year of 2024, mandatory government spending is predicted to sum up to about 4.19 trillion U.S. dollars. It consists primarily of benefit programs such as: social security, Medicare, Medicaid, as well as other programs. Discretionary spending consists of spending controlled by lawmakers through annual appropriation acts. In FY 2024 it is proposed at 1.02 trillion U.S. dollars, and is divided into defense and nondefense spending. Spending for net interest is also listed, which consists of the government's interest payments on debt held by the public, offset by interest income the government receives.

Proposed budget of the United States government for fiscal years 2022-to 2024, by activity and program (in billion U.S. dollars)

Characteristic	2022	2023	2024
Social security (Mandatory)	1,212	1,346	1,459
Nondefense (Discretionary)	912	936	1,015
Medicare (Mandatory)	747	821	842
Defense (Discretionary)	752	800	885
Medicaid (Mandatory)	592	608	558
Net interest	476	661	789
Other (Mandatory)	1,581	1,200	1,335

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Release date

March 2022

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Region

United States

Survey time period

fiscal years 2020 to 2024

Supplementary notes

* Other mandatory expenses are: unemployment compensation, federal civilian and military retirement, veterans' benefits, the earned income tax credit, food stamps, and other programs.
** Nondefense programs are programs related to health, income security, education, veterans' benefits, transportation, and other activities.

The fiscal year is the accounting period for the federal government which begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends.

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