Transfer payments, including Social Security and welfare and medical assistance, account for nearly 60 percent of federal government expenditures.

Name: Transfer payments, including Social Security and welfare and medical assistance, account for nearly 60 percent of federal government expenditures.
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According to the latest data from the Office of Management and Budget, transfer payments make up approximately 59% of federal government expenditures.

Transfer Payments, Including Social Security and Welfare and Medical Assistance