Federal discretionary (non military) spending in 2023 was around $917 Billion. Of that, $131 Billion was Veteran Benefits, and $100 Billion was Health related. That leaves $686 Billion. [0]
Total US GDP in 2023 was $27.3 Trillion...so around 2.5% of total GDP.
GDP grows (inflation adjusted) around 2.3% per year.
US Health Care is 17-18% of US GDP.
So while federal discretionary spending is important, it's not nearly as important as keeping growth up, and getting a handle on health costs.
Total US GDP in 2023 was $27.3 Trillion...so around 2.5% of total GDP.
GDP grows (inflation adjusted) around 2.3% per year.
US Health Care is 17-18% of US GDP.
So while federal discretionary spending is important, it's not nearly as important as keeping growth up, and getting a handle on health costs.
[0] https://www.cbo.gov/publication/59729