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Summer School 3: How government decides what to spend our money on

Planet Money

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Navigating the Federal Budget: Health and Welfare Insights

This chapter delves into the complexities of the federal budget, specifically examining the substantial allocations for Medicare, Medicaid, and Social Security that impact millions of Americans. It highlights the challenging landscape of government spending and discusses the essential role of various programs in supporting low-income families, seniors, and even those in the middle and upper classes. Additionally, the chapter unpacks the influence of special interest groups and political movements on budgetary decisions, providing a comprehensive view of the fiscal landscape.

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