Here’s a graphic from the NIHCM foundation summarizing where federal revenues come in an where they are spent. As you can see about one quarter of the budget is spent on Medicare, Medicaid, CHIP and ACA Subsidies and another quarter is spent on Social Security. This is not news if you have been reading the Healthcare Economist diligently over the years, but this graphic does a nice job of summarizing federal budget inflows and outflows.
