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Federal mandatory spending for means-tested programs: 2009 to 2029
Federal mandatory spending for means-tested programs: 2009 to 2029
- Collection:
- Health Policy and Services Research
- Contributor(s):
- United States. Congressional Budget Office, issuing body.
- Publication:
- [Washington, DC] : Congressional Budget Office, June 2019
- Language(s):
- English
- Format:
- Text
- Subject(s):
- Financing, Government -- economics
Financing, Government -- trends
Mandatory Programs -- economics
Mandatory Programs -- trends
Public Assistance -- economics
Public Assistance -- trends
United States - Genre(s):
- Technical Report
- Abstract:
- Means-tested programs (which provide cash payments or other forms of assistance to people with relatively low income or few assets) currently account for a little more than a quarter of all mandatory spending. (1) Mandatory spending is governed by statutory criteria and is not normally controlled by the annual appropriation process. The largest means-tested mandatory programs are Medicaid, the earned income and child tax credits (which are refundable and thus affect outlays), the Supplemental Nutrition Assistance Program (SNAP), and the Supplemental Security Income program. The largest non–means-tested mandatory programs are Social Security, most of Medicare, and the federal civilian and military retirement programs. In its May 2019 baseline, the Congressional Budget Office projected that if current laws generally remained unchanged, mandatory spending on means-tested programs would grow more slowly than spending for non--means-tested programs. CBO projects that under current law, outlays for means-tested mandatory programs would grow over the next decade at an average annual rate of 4.0 percent, whereas spending for non--means-tested mandatory programs would grow at an average annual rate of 5.8 percent (see Table 1 on page 5). (2) The tables in this report exclude means-tested discretionary programs (such as the Section 8 housing assistance programs and Those growth rates have been adjusted to exclude the effects of shifts in the timing of certain federal payments.
- Copyright:
- The National Library of Medicine believes this item to be in the public domain. (More information)
- Extent:
- 1 online resource (1 PDF file (7 pages))
- NLM Unique ID:
- 101753238 (See catalog record)
- Permanent Link:
- http://resource.nlm.nih.gov/101753238