How Federal Spending is Distributed to the Elderly, Working Age, and Children

Imagine that instead of dividing up US spending by program, you instead divide it up by what age group the money is spent upon. Kent Smetters takes this approach in “How Federal Spending is Distributed by Age” (Penn Wharton Budget Model, April 1, 2026). The results are perhaps unsurprising in general, but still eye-opening in … Continue reading How Federal Spending is Distributed to the Elderly, Working Age, and Children The post How Federal Spending is Distributed to the Elderly, Working Age...