America
The National Debt is on Pace to Destroy the Federal Budget
Here is a breakdown of how we spend the Federal Budget ($4.5 trillion circa 2020). This budget amounts to around 21.6% of our national GDP. Entitlements (~57%) · Social Security: $1 trillion · Medicate, Medicaid, CHIP, and marketplace subsidies: $1 trillion · Other safety net programs: $361 billion Defense (~17%) · Defense: