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ERIC Number: ED569214
Record Type: Non-Journal
Publication Date: 2015
Pages: 26
Abstractor: As Provided
Reference Count: 10
ISBN: N/A
ISSN: ISSN-1075-7031
Federal Expenditures on Children: What Budget Policy Means for Children's Policy. Social Policy Report. Volume 29, Number 1
Hahn, Heather
Society for Research in Child Development
How do children fare in the federal budget? Investments in children's health, education, and overall well-being pay high dividends for taxpayers and the economy as a whole. Without adequately funded education, nutrition, housing, early education and care, and other basic supports, the foundation of children's well-being is at risk. This report 1) explains how spending on children fits in the broad budgetary context, 2) closely examines how historical and current federal spending on children is distributed among different programs, types of programs, and types of spending, and 3) projects future federal spending on children, if current laws and policies remain unchanged. The report finds that spending on Social Security, Medicare, and Medicaid (excluding children) will continue rising as a share of the federal budget, to nearly half (47 percent) of federal spending in 2024, while the share of federal outlays on children is projected to decline to just under 8 percent that same year. All categories of federal spending on children except health are projected to experience relative declines over the next decade. [Four commentaries are included: (1) Federal Spending Priorities Are Wrong (Ron Haskins); and (2) Follow the Money: Inconvenient Truths About Public Investments in Children (Ruby Takanishi)--The Foundation for Child Development partially funded the analyses reported in this commentary; (3) The Big Shift and Future Public Investments in Children (W. Steven Barnett); and (4) Federal, State and Local Expenditures: Not Suitable for Young Children (Sarah Ann Kotchian). Commentaries are individually referenced.]
Society for Research in Child Development. 2950 South State Street Suite 401, Ann Arbor, MI 48104. Tel: 734-926-0600; Fax: 734-926-0601; e-mail: info@srcd.org; Web site: http://www.srcd.org
Publication Type: Reports - Research
Education Level: Elementary Secondary Education; Preschool Education
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: Society for Research in Child Development
Identifiers - Laws, Policies, & Programs: American Recovery and Reinvestment Act 2009