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January 26, 2006

Domestic Funding is Below 2005 Levels and Constitutes a Smaller Share of the Economy than in 2001

This report examines changes in the level of funding for domestic discretionary programs, both between 2005 and 2006 and over the past five years. It is widely believed that domestic discretionary programs have grown sharply over the past five years. The Center’s analysis finds, however, that as a result of Congressional action completed in late December, funding for these programs fell significantly in 2006, is now back down to 2001 levels in real per capita terms, and is below 2001 levels as a share of the economy.

Posted by Gary Holden at January 26, 2006 7:28 PM