The Conservative Cave
Current Events => Economics => Topic started by: J P Sousa on June 10, 2014, 02:25:27 PM
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Federal Spending: Where Does the Money Go
Presidents TOTAL 2015 proposed budget;
33% Social Security, Unemployment & Labor
27% Medicare and Health
16% Military
6% Interest on debt
4% Veterans Benefits
3% Transportation
3% Food & Agriculture
3% Housing and Community
2% Education
1% Energy & Environment
1% Government
1% Science
1% International Affairs
https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/
If interest rates rise substantially, "Interest on debt" could start to rival Military spending as a significant portion of the federal budget.
60% goes to mandatory entitlement spending. :thatsright:
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33% Social Security, Unemployment & Labor
27% Medicare and Health
16% Military
Yet liberals will lie and claim the military takes the lion's share of federal spending.
Bullshit.
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1% goes to government? For some reason I'm not believing that.
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60% Social Security, Unemployment & Labor, Medicare and Health
Detroys the military and the faith in the country.
[youtube]https://www.youtube.com/watch?v=KrefKCaV8m4[/youtube]
Federal Spending: Where Does the Money Go
Presidents TOTAL 2015 proposed budget;
33% Social Security, Unemployment & Labor
27% Medicare and Health
16% Military
6% Interest on debt
4% Veterans Benefits
3% Transportation
3% Food & Agriculture
3% Housing and Community
2% Education
1% Energy & Environment
1% Government
1% Science
1% International Affairs
https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/
If interest rates rise substantially, "Interest on debt" could start to rival Military spending as a significant portion of the federal budget.
60% goes to mandatory entitlement spending. :thatsright:
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Keep an eye on that interest on the debt.
It will be moving up on the hit parade.
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Where's Moochelle's vacation money?
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Where's Moochelle's vacation money?
That's covered under the military budget, I believe.