aarykaxo
aarykaxo aarykaxo
  • 05-02-2019
  • History
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How did the federal government budget change between 1960 and 1968?

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WhyYou
WhyYou WhyYou
  • 14-02-2019

"Prior to 1950, the amount required to fund federal pensions [P] was relatively small." "Health Care [HC] was a minor budgetary item until 1966, the year following the enactment of Medicare." "major federal spending categories: national defense, Social Security, health programs, and interest payments" in 1960

The spending in 1960 was:  

Pensions : 13.8

Health Care: 5.2

Education: 19.4

Defense: 53.3

Welfare: 8.6

Protection: 3.7

The picture is the spending in 1968

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