Federal Spending on Kids to Increase Only 2 Percent Over Next Decade

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Federal Spending on Kids

Children’s programs are projected to receive only 2 cents on every dollar of a $1.4 trillion increase in federal spending over the next decade, says a new Urban Institute report.

During the same period, overall federal spending is projected to increase a whopping 41 percent, to $4.8 trillion, owing largely to spending on programs for the elderly, the national debt and higher interest on it, the Washington-based think tank’s Kids’ Share 2014 report says.

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