NEW YORK — Kids may be the future of America, but you might not know it looking at how WasThat works out to $26 billion out of $1.4 trillion.
And that $26 billion will go toward children's health spending, particularly in Medicaid, according to the report, published by the Urban Institute, a public policy think tank.
Meanwhile, spending on most other child-centric categories -- such as education and nutrition -- will fall.
Spending on K-12 education, for instance, will decline from $43 billion in 2013 to $38 billion in 2024. That's due in large part to the forced budget cuts known as the sequester.
Nutrition programs will also see a drop -- from $62 billion in 2013 to $56 billion in 2024.hington spends its money.
A new report Thursday found that only 2% of the projected increase in federal spending over the next decade will be dedicated to programs benefiting children.