Source: Urban Institute – July 20, 2012
The Urban Institute recently published Kids’ Share 2012: Report on Federal Expenditures on Children through 2011, its sixth annual report examining trends over the past 50 years in federal spending and tax expenditures on children.
Key findings suggest that the size and composition of expenditures on children have changed considerably, but children have not been a budget priority. In 2011, federal outlays on children fell for the first time since the early 1980s.
Over the next decade, outlays on children are projected to decline from 10 to 8 percent of the federal budget.