This tool allows the user to select various government programs, adjust potential savings percentages, and see the impact on overall federal expenditures on a 2024. See methodology for more information.

BUDGET IMPACT

Total Savings: $0M
Federal Expenditures: $6,940,904M
Federal Expenditures with Savings: $6,940,904M
Current Federal Expenditures as % of GDP: 23.8%
Federal Expenditures with Savings as % of GDP: 23.8%
1%

Program Selection

Healthcare

Medicare

Current Spending: $847,442,000,000
Savings %:
Savings Amount: $8,474,420,000

Health (principally Medicaid)

Current Spending: $801,089,000,000
Savings %:
Savings Amount: $8,010,890,000
Income Security

Income Security | General Retirement

Current Spending: $25,110,000,000
Savings %:
Savings Amount: $251,100,000

Income Security | Federal Employee Benefits

Current Spending: $181,450,000,000
Savings %:
Savings Amount: $1,814,500,000

Income Security | Unemployment compensation

Current Spending: $56,381,000,000
Savings %:
Savings Amount: $563,810,000

Income Security | Housing assistance

Current Spending: $69,589,000,000
Savings %:
Savings Amount: $695,890,000

Income Security | Food and Nutrition

Current Spending: $183,901,000,000
Savings %:
Savings Amount: $1,839,010,000

Income Security | Other

Current Spending: $244,076,000,000
Savings %:
Savings Amount: $2,440,760,000
Interest

Net Interest Payments

Current Spending: $888,597,000,000
Savings %:
Savings Amount: $8,885,970,000
Other

Total Allowances

Current Spending: $7,328,000,000 (offset)

Total Undistributed Offsetting Receipts

Current Spending: $144,854,000,000 (offset)
Social Insurance

Social Security

Current Spending: $1,457,998,000,000
Savings %:
Savings Amount: $14,579,980,000