See also: L'Argent (disambiguation) Stephen Michael Largent (born September 28, 1954) is a retired American football player, enshrined in the Pro Football Hall of Fame, and a former Republican politician, having served in the U.S. House of Representatives for Oklahoma, from 1994 until 2002.
Medicareâs share of the federal budget is projected to increase from 14.3% in 2015 to 15.2% in 2024, while Medicare spending as a share of GDP is projected to increase from 3.0% in 2015 to 3.3% in 2024 (Figure 4) . Figure 4: Actual and Projected Net Medicare Spending, 2010-2014.
About 60 percent of government spending comes from the federal government; About 24 percent is spent by state governments and 27 percent by local governments. About 10 percent of total spending is transferred from the federal government to state and local governments. Table 2.03: Total Spending Details FY 2016. The federal government is budgeted to spend $3.95 trillion in FY 2016, of which about $0.7 trillion is transferred to state and local governments.