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1 A Closer Look at Mandatory Spending: Primarily Payments for Benefit Programs for Which Laws Set Eligibility Rules and Benefit Formulas [1] (April 30, 2021)

handle is hein.congrec/clkmspp0001 and id is 1 raw text is: THE FEDERAL BUDGET IN FISCAL YEAR A CLOSER 0REV: LOOK AT UTL MANDATORYN SPENDING Primarily payments for benefit programs for which laws set eligibility rules and benefit formulas U $4.6 $1.9 21.8% Trillion Trillion of GDP QMaindatory dutlay (net . Outlays for Mandatory outlays of offsetting receipts) by Social Security and (net of offsetting the federaj government Medic are (net of receipts) in 2020 in 2020 offsetting receipts) in 2020 MANDATORY SPENDING IN 2020 Billions of Dollars 1,450 Major Health Care Programs 1,090 Social Security 1,052 Income Security Programs 977 Other Programs 171 Federal Civilian and Military Retirement Other Medicare Medicaid DsabityInsirance Old-Age and Survivors Insurance F7 COVID-19 Unemployment Recovery Otner Compensation Rebates Unemployment Compensation Supplemental -Other Securi tyncome L -Oter Paycheck Protection Program a 0.1 Other Civilian 122 1 12 Other Veterans' Programs -Income Security 2 -282 Offsetting Receipts 0 300 Supplemental Nutrition Assstance Program Earned Income, Child, and Other Tax Credits Loonavuis Student Relief Fund Loan Programs Fids co ected governiet a gieces from ot-I goverme-it accoits o f o t-i p'e t-iat e edted as I oftset to g-t t ndrets r ated to -nta roirs si a t e fm andgase orato nd dee t 600 900 1.200 1.500 MANDATORY SPENDING IN 2000 AND 2020 Percentage of GDP 4 2000 0 2020 Change, as a Percentage of GDP Major Health Care Programs Medicare Medicaid Other Social Security Old-Age and Survivors Insurance Disability Insurance Income Security Programs COVID-19 Unemployment Compensation Recovery Rebates Other Unemployment Compensation Earned Income, Child, and Other Tax Credits Supplemental Nutrition Assistance Program Supplemental Secuity Income Other Federal Civilian and Military Retirement Veterans' Programs Other Programs Paycheck Protection Program Coronavirus Relief Fund Offsetting Receipts -2.0 -1.0 0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 0 Prepared by Christine Bogusz, Dan Ready, and Jorge Salazar Source: Congressional Budget Office, April 2021 All data are for federal fiscal years, which run from October 1 to September 30. Numbers may not add up to totals because of rounding. -300 I I L I ,.... . ... I I I I I I I I I I I 9I I I *I I 0 ' I 1. II I I I I III II I I II I I I II I I 3.6 2.2 1.0 0.3 1.2 1.0 0.1 3.7 1.6 1.3 0.4 0.2 0.2 0 -0.1 -0.1 0.3 4.2 2.5 0.7 -0.5 I i i i i i li i 1 i i t I i i I I I I I I I I I II I I I S .li it i i i i it i i i i i i i

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