For the fiscal year of 2023, the U.S. government spend around 1.3 trillion U.S. dollars on Social Security. Social Security in the United States provides funding for retirement, disability, and veteran benefits. An additional 659 billion dollars was spent on the interest on the national debt. Total outlays for the U.S. government reached 6.12 trillion U.S. dollars in 2023.
Budgetary outlays of the United States government in the fiscal year of 2023, 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. (April 10, 2024). Budgetary outlays of the United States government in the fiscal year of 2023, by spending type (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 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 2023, by spending type (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1365060/budget-outlays-type-us/
US Congressional Budget Office. (2024). Budgetary outlays of the United States government in the fiscal year of 2023, by spending type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 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 2023, by Spending Type (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 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 2023, by spending type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1365060/budget-outlays-type-us/ (last visited December 30, 2024)
Budgetary outlays of the United States government in the fiscal year of 2023, by spending type (in billion U.S. dollars) [Graph], US Congressional Budget Office, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/1365060/budget-outlays-type-us/
