Federal Spending On Children Drops, According To A New Report

The Urban Institute's Kids Share report tracks public spending on children under 19 since the 1960s. In 2018, federal spending per child was $6,200, less than in 2017 when adjusted for inflation. The share of federal spending on children is projected to decrease from 9.2% to 7.5% over the next decade if current laws remain unchanged. This decline is due to reduced spending on education, nutrition, and temporary tax credits, despite a projected $1.5 trillion increase in federal spending. Children's programs are expected to receive only three cents of every dollar, indicating they are not a budget priority.

What new insight or understanding did you gain from this video?