For the fiscal year of 2022, the U.S. government spend around 1.2 trillion U.S. dollars on Social Security. Social Security in the United States provides funding for retirement, disability, and veteran benefits. An additional 475 billion dollars was spent on the interest of the national debt. Total outlays for the U.S. government reached 6.21 trillion U.S. dollars in 2022.
Budgetary outlays of the United States government in the fiscal year of 2022, by spending type
(in billion U.S. dollars)
In 2022, the U.S. fiscal year began October 1, 2021 and ended September 30, 2022.
CHIP stands for Children's Health Insurance Program.
The difference between mandatory and discretionary spending relates to whether spending is dictated by prior law or voted on in annual appropriations processes.
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US Congressional Budget Office. (February 14, 2023). Budgetary outlays of the United States government in the fiscal year of 2022, by spending type (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/1365060/budget-outlays-type-us/
US Congressional Budget Office. "Budgetary outlays of the United States government in the fiscal year of 2022, by spending type (in billion U.S. dollars)." Chart. February 14, 2023. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/1365060/budget-outlays-type-us/
US Congressional Budget Office. (2023). Budgetary outlays of the United States government in the fiscal year of 2022, by spending type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/1365060/budget-outlays-type-us/
US Congressional Budget Office. "Budgetary Outlays of The United States Government in The Fiscal Year of 2022, by Spending Type (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Feb 2023, https://www.statista.com/statistics/1365060/budget-outlays-type-us/
US Congressional Budget Office, Budgetary outlays of the United States government in the fiscal year of 2022, by spending type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1365060/budget-outlays-type-us/ (last visited October 10, 2024)
Budgetary outlays of the United States government in the fiscal year of 2022, by spending type (in billion U.S. dollars) [Graph], US Congressional Budget Office, February 14, 2023. [Online]. Available: https://www.statista.com/statistics/1365060/budget-outlays-type-us/
