Figure State
Medicaid and education account for the two largest single areas of investment by states: State spending by function as a share of total state expenditures, fiscal year 2015
| Spending category | Percentage of total state expenditures |
|---|---|
| Elementary & secondary education | 19.5% |
| Higher education | 10.1% |
| Public assistance | 1.4% |
| Medicaid | 28.2% |
| Corrections | 3.1% |
| Transportation | 7.7% |
| All Other | 30.0% |
Source: NASBO 2015 State Expenditure Report
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