Photo source: Wikimedia Commons, Architect of the Capitol
This post is the U.S. federal budget in 2018. Source: Congressional Budget Office
Expenses ($4.1 trillion)
- Social Security: $982 billion
- Discretionary other: $639 billion*
- Defense: $623 billion
- Medicare (elderly): $582 billion
- Mandatory other: $570 billion**
- Medicaid (low income and disability): $389 billion
- Net interest: $325 billion
Revenues ($3.3 trillion)
- Individual income taxes: $1.7 trillion
- Payroll taxes: $1.2 trillion
- Other taxes: $271 billion***
- Corporate income taxes: 205 billion
** includes unemployment compensation, retirement, some benefits, etc.
*** includes excise taxes, estate taxes, customs duties, etc.
