Tax Policy Center

Fiscal Facts

February 21, 2022
The federal government's Social Security spending totaled $1.09 trillion in 2020, or 5.2% of GDP. Fifty years back, Social Security spending was about 2.3% of GDP.
Fact: 
The federal government's Social Security spending totaled $1 trillion in 2020, or 5% of GDP. Sixty years ago, Social Security spending was about 2.3% of GDP.
View Data