Table 2

Public investment shares

2010 2011 2012 3-year Average
HTF as discretionary
NSD 56.1% 55.8% 53.8% 55.2%
NDD 46.3% 45.3% 42.4% 44.7%
Mandatory 1.6% 1.3% 1.8% 1.6%
HTF as mandatory
NSD 52.2% 51.6% 48.1% 51.9%
NDD 42.7% 41.4% 37.4% 41.7%
Mandatory 3.7% 3.4% 4.4% 3.1%

Source: Author’s analysis of OMB account-level public investment data

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