In the fiscal year of 2022, mandatory government spending is predicted to sum up to about 4.02 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 2022 it is proposed at 1.69 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 U.S. government in FY 2020-2022, by activity and program
(in billion U.S. dollars)
* 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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whitehouse.gov. (May 28, 2021). Proposed budget of the U.S. government in FY 2020-2022, by activity and program (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/216925/us-government-spending-by-program-and-activity/
whitehouse.gov. "Proposed budget of the U.S. government in FY 2020-2022, by activity and program (in billion U.S. dollars)." Chart. May 28, 2021. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/216925/us-government-spending-by-program-and-activity/
whitehouse.gov. (2021). Proposed budget of the U.S. government in FY 2020-2022, by activity and program (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/216925/us-government-spending-by-program-and-activity/
whitehouse.gov. "Proposed Budget of The U.S. Government in Fy 2020-2022, by Activity and Program (in Billion U.S. Dollars)." Statista, Statista Inc., 28 May 2021, https://www.statista.com/statistics/216925/us-government-spending-by-program-and-activity/
whitehouse.gov, Proposed budget of the U.S. government in FY 2020-2022, by activity and program (in billion U.S. dollars) Statista, https://www.statista.com/statistics/216925/us-government-spending-by-program-and-activity/ (last visited May 23, 2022)
