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How do children fare in the federal budget? Investments in children's health, education, and overall well-being pay high dividends for taxpayers and the economy as a whole. Without adequately funded education, nutrition, housing, early education and care, and other basic supports, the foundation of children's well-being is at risk. This report 1) examines spending on children in the broad budgetary context, 2) closely examines the historical and current distribution of federal spending on children among different programs, types of programs, and types of spending, and 3) projects future federal spending on children, if current laws and policies remain unchanged.