REVENUES, $2.3T

SPENDING, $3.6T U.S.the Mandatory Discretionary Net Interest FEDERAL of dollars] 2011 [Trillions Year Fiscal $2.0 T $1.3 T $0.2 T BUDGET A Closer Look at Mandatory Spending

Primarily benefit programs for which lawmakers set eligibility rules and benefit formulas

Mandatory Spending at a Glance

10.1Percent 13.6 Percent $2.0 Trillion $856 Billion Mandatory spending Mandatory spending Mandatory spending by Spending in 2011 on as a share of GDP as a share of GDP the federal government health care programs, in 1991 in 2011 in 2011 the largest component of mandatory spending

Mandatory Spending in 1991 and 2011 Percentage of

Change 1991 2011 (Percentage points) -2 0 2 4 6 Health Care 2.9 1.8 Medicaid 1.0 Other 0.2

Social Security 0.3 Old-Age and Survivors Insurance -0.1 Disability Insurance 0.4

Income Security 1.2 Unemployment Compensation 0.4 Earned Income and Child Tax Credits 0.4 Supplemental Nutrition Assistance Program 0.2 Supplemental Security Income 0.1 Other 0.1

Federal Civilian and Military Retirement -0.1 Civilian -0.1 Military -0.0 Other -0.0

Veterans 0.2 Income Security 0.1 Other 0.1

Other Programs -1.5

Offsetting Receipts 0.5

-2 0 2 4 6 CBO BREAKDOWN of Mandatory Spending in 2011 Billions of dollars

Health Care $856B

Medicare $560 Medicaid $275 Other $21

Social Security $725B

Old-Age and Survivors Insurance $596 Disability Insurance $129

Income Security $404B Other $77 Unemployment Earned Income and Supplemental Compensation $119 Child Tax Credits $78 Supplemental Nutrition Security Income $53 Assistance Program $77 Federal Civilian and Military Retirement $144B Civilian Military Other $83 $55 $6

Veterans $71B Other $12 Income Security $59

Other Programs $20B

Funds collected by government agencies from other government accounts or from the public that are credited as Offsetting Receipts an offset to gross spending. Includes Medicare premiums, -$193B intragovernmental payments for federal employees' retirement, and receipts related to natural resources (such as those from oil and gas exploration and development).

-200 0 200 400 600 800 1,000

Prepared by: Jonathan Schwabish and Courtney Griffith All data are for federal fiscal years, Contact: Projections Unit, Budget Analysis Division which run from October 1 to September 30. Source: Congressional Budget Office, April 2012 For more details, see CBO’s Budget and Economic Outlook, January 2012: http://go.usa.gov/nPi Numbers may not add up to totals because of rounding. and CBO’s Updated Budget Projections, March 2012: http://go.usa.gov/mqN Net Interest not included.