The rise of "mandatory spending" in the federal budget.
— Jeremy 'adjusted for inflation' Horpedahl 📈 (@jmhorp) February 9, 2024
In 1962, about 2/3 of federal spending was set by Congress in an annual budget. By the early 2000s, it was about 40%. It's now down to around 1/4 of total spending.
Source: https://t.co/LvkS6NHGFs pic.twitter.com/mizk9wSdfT
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