Three Long-Term Shifts in the US Budget Picture

Blog: Conversable Economist

Abstract

Here are three long-term shifts in the US budget picture, based on the most recent The Budget and Economic Outlook: 2024 to 2034 from the Congressional Budget Office (February 2024). First, the major categories of US government spending have been shifting. Consider this graph showing federal spending divided into mandatory, discretionary, and net interest. The … Continue reading Three Long-Term Shifts in the US Budget Picture
The post Three Long-Term Shifts in the US Budget Picture first appeared on Conversable Economist.