Question: February 17, 2025. What are the Largest Spending Items in the United States Budget?

Currently, the United States spends 7.03 trillion US$ every year. The most important items in this spending are as follows:

It is important to realize that reducing the current deficit it going to come mostly from an increase in revenue. The revenue will increase if the economy grows and if additional forms of revenue are found such as new tariffs.

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.