Kids to Receive Declining Share of Federal Spending (HTML)
By Urban Institute , Ed.
June
24,
2008
Summary: This news release indicates that children are a diminishing priority in the Federal budget. If current spending and revenue policies continue, the children’s share of gross domestic product will decline from 2.6 percent in FY 2007 to 2.2 percent in FY 2018, while Social Security, Medicare, and Medicaid will rise from 7.9 to 9.6 percent. Of the major children’s spending categories, only health, which grew 4.5 percent in real terms from 2006 to 2007, gained ground relative to the economy. Education, which fell 2.1 percent in real terms, lost the most ground.
Index Terms: Budget Reports, Federal Funding, Federal Role, Programs, Working Families, Funding, Gross Domestic Product (GDP)
Sponsoring Institution (or Funding Source): Funding First Focus and Annie E. Casey Foundation
Publication Type: Announcements, Press Releases
Pages: 2 pages
Language: English
URL: http://www.urban.org/publications/901182.html
Availability
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