Question

What were the three largest expenditures in the federal budget in 2018? Together, about how much of the budget did they make up? How much money was that?

Answer 1

The three largest expenditures in the federal budget of 2018 includes:

• Social Security
• Medicare
• Medicaid

What is the break down of the 2018 budget?

In the federal budget, the Social Security, Medicare, Medicaid accounts for $1.196 trillion, $766 billion and $571 billion respectively.

Hence, the three largest expenditures in the federal budget of 2018 includes Social Security, Medicare and Medicaid.

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