Where does it come from? Using 2021 numbers (they were readily available), we have a budget of 7T
There is 1.6T in discretionary spending, should you consider things like VA benefits and the military "discretionary". About 855B of the discretionary budget is for those two items alone.
Then there is "mandatory" federal spending in the amount of 5.2T. There is about 172B again for the military and VA benefits. Social Security is 2.77T, and Medicare is 1.46T, for a total of 4.23T.
So if you add up 4.23T + 1T, there is 5.23T which is solely the military, VA benefits, social security, and medicare. So if the Trump administration cut every single budget item other than those items, which cannot be done, he would still come up 230B short.
I am not a government budgeting guru, so where does it come from?
In fiscal year 2014, the federal government will spend around $3.8 trillion. These trillions of dollars make up a considerable chunk - around 22 percent - of the US. economy, as measured by Gross Domestic Product (GDP). That means that federal government spending makes up a sizable share of all...
www.nationalpriorities.org