alt Hacker NewsMore than 50% of us federal spending is in social security, Medicare and Medicaid and it’s debt service.
You’d have to be counting pretty far afield things to get up to 90% but it’s easy to get to “a majority”.
More than 50% of us federal spending is in social security, Medicare and Medicaid and it’s debt service.
You’d have to be counting pretty far afield things to get up to 90% but it’s easy to get to “a majority”.
You only get to a majority by doing two misleading things… blaming the national debt on entitlements instead of general fund deficits, and counting Social Security (which is funded by its own payroll taxes) as a welfare program.
The actual means-tested safety net (Medicaid, food assistance, SSI, housing) is only around 15% to 20% of federal spending.