Children’s programs are projected to receive only 2 cents on every dollar of a $1.4 trillion increase in federal spending over the next decade, says a new Urban Institute report.
During the same period, overall federal spending is projected to increase a whopping 41 percent, to $4.8 trillion, owing largely to spending on programs for the elderly, the national debt and higher interest on it, the Washington-based think tank’s Kids’ Share 2014 report says.
Spending on children will rise by about $26 billion, or just 2 percent, between now and 2024, it says. That compares with an increase of about 10 percent on federal children’s spending from 2003 to 2013.
[For more of this story, written by Gary Gately, go to http://jjie.org/federal-spendi...-next-decade/107652/]
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