In fiscal year 2015, the federal budget is $3.8 trillion. These
trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). It's also about $12,000 for every woman, man and
child in the United States.
So where does all that money go?
Mandatory and Discretionary Spending
The U.S.
Treasury divides all federal spending into three groups: mandatory spending, discretionary spending and interest on debt. Mandatory and discretionary
spending account for more than ninety percent of all federal spending, and pay
for all of the government services and programs on which we rely. Interest on
debt, which is a much smaller amount than the other two categories, is the
interest the government pays on its accumulated debt, minus interest income received by the
government for assets it owns. The pie chart shows federal spending in 2015
broken into these three categories.
Continue reading at …..
https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/