|
Federal
Government Spending |
|
Fiscal
Year 2004 |
|
(in billions of
dollars) |
|
Social security benefits |
$496 |
20% |
|
National defense
(military personnel,
operations/maintenance) |
456 |
18% |
|
Interest on Treasury debt securities |
322 |
13% |
|
Healthcare for the retired
(Medicare) |
269 |
11% |
|
Healthcare for the poor/needy
(Medicaid) |
240 |
10% |
|
Welfare payments
(food stamps, nutrition, housing, SSI, EIC) |
196 |
8% |
|
Federal employee pensions and disability |
95 |
4% |
|
Education, training, employment, and social services |
88 |
4% |
|
Transportation
(highways, airports, mass transit,
marine) |
65 |
3% |
|
Veterans benefits and services |
60 |
2% |
|
Administration of justice |
46 |
2% |
|
Federal unemployment benefits |
42 |
2% |
|
Natural resources and environment |
31 |
1% |
|
International affairs |
27 |
1% |
|
General science, space, and technology |
23 |
1% |
|
General government |
22 |
1% |
|
Community and regional development |
16 |
1% |
|
Agriculture |
15 |
1% |
|
Commerce and housing credit |
5 |
0% |
|
Total |
$2,512 |
100% |