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On which of the following items does the federal government spend the most money?

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In 2020, the interest on the national debt was $499 billion. This was 4.8 times federal spending on education and 5.8 times federal spending on Food Stamps. In 2020, the national debt reached 134% of the nation's annual economic output, greater than any time in U.S. history. The previous record of 118% stemmed from World War II, the deadliest and most widespread conflict in the history of the world.

DocumentationNational Debt Interest National Debt History




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