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Veterans spending
Veterans spending is $421B and has held roughly steady over the last 3 months. That is near the top of its range: higher than 99% of readings since 2016.
Latest (latest reading)
$421B
As of
Oct 2026
3-month change
−$7B
1-year change
+$25B
20-year percentile
99th
20-year median
$232B
What it is. Veterans' benefits and health care, last 12 months. Note: the latest update failed, so this shows the last good data.
What it affects next
Veterans spending is unusually high: $421B, 99th percentile of the last 20 years. Here is what has tended to follow, based on links the data backs up.
No tested downstream links to trace yet.
What is driving it
None of its tested drivers is moving much right now.
Source: Treasury Monthly Treasury Statement.