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United States of America: Government Spending

• Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner

The 2018 budget forecast for US Federal Government outlays is US$3.6 trillion on discretionary and mandatory spending.

Click link to watch how this combined outlay on discretionary and mandatory spending has grown from US$715 billion in 1962 to present day and then forecast out to 2023.

The allocation to Military spending is forecast to increase.

Click to watch.

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