Federal Spending for Older Americans
Description:
This report discusses the share of the federal budget devoted to older Americans, which is growing. The federal government currently spends more than one-third of its budget on benefits and programs for older Americans. For people age 65 and over, estimated FY2007 spending for Social Security, Medicare, and Medicaid alone is $833 billion. Spending for retired federal employees and military personnel and for veterans is also significant, and smaller programs add to the total as well. Tax expendi…
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Date:
January 25, 2007
Creator:
Grady, April & Klunk, William J.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department