Kids’ Share 2008Federal Budget
Kids’ Share 2008 is an annual examination of federal spending trends and federal tax polices that support and impact children and families. This year’s report reveals once again that the share of federal domestic spending on children is continuing a downward trend, making no improvement since last year.
While federal expenditures have grown over the past four and half decades with the rest of the federal budget, the share of domestic spending focused on children has fallen 22% since 1960. Kids Share 2008 estimates that the children’s slice of the gross domestic product will decline from 2.6 percent in fiscal year 2007 to 2.2 percent by fiscal year 2018.
The report was produced and published by the Urban Institute and the New America Foundation, with funding from First Focus and Annie E. Casey Foundation.