Basic facts about Social Security spending
Social Security spending consists in giving people money. How to qualify
for Social Security payments:
-
Be
old.
-
Be old and sick (Medicare).
-
Be disabled.
-
Survive your dead spouse or parent or child.
In fiscal 1998, net government outlays were $1.65t.
-
Social Security accounted for $376b (23% of the budget). [s]
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Medicare accounted for $193b (12%). [s]
For comparison,
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defense spending was $258b (16%)
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and interest on the public debt was $243b (15%).[s]
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page.
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Security page.
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page.
This page maintained by Steven
Blatt. Suggestions, comments, questions, and corrections are welcome.