The Trump Administration is planning to address budgetary problems with a 10% cut in discretionary federal spending. The automatic increases for mandatory spending are more than Trump’s 10% budget cuts. For FY 2017, mandatory spending hit an all-time record, at nearly two-thirds of federal spending. A little less than three-quarters of mandatory spending (almost two-thirds of the budget) is spent on the aged and their dependents. Mandatory spending makes up almost half of the federal budget.

Source: Forbes January 27, 2017 17:31 UTC