By Jasmine Tucker
Chart assistance by Daniel Gautreau
This is how discretionary spending, above, fits into the overall federal budget. As you can see, discretionary spending is less than a third of all federal spending. Sixty-five percent of spending, or $2.6 trillion, falls under the mandatory spending category. Mandatory spending refers to spending for earned-benefit programs like Medicare and Social Security. The remaining 6 percent of the federal budget, or $252 billion, will go towards interest on the federal debt.
Note: While there is some mandatory spending that occurs in categories beyond the five that are shown in this chart, they are so small that together they account for less than 1 percent of the total and have been omitted.
This chart shows how funding for military and non-military discretionary spending has changed over time. Military spending accounts for 55 percent of the president’s 2015 discretionary budget proposal, while non-military spending accounts for 45 percent.
This chart shows how tax revenue from individuals and corporations has changed over time. Individual income taxes will account for 46 percent of total tax revenue in 2015, while corporations will contribute 13.5 percent. Other federal revenue will come from payroll taxes, as well as customs and excise taxes.