the U.S. government plans to spend $3.778 trillion. More than 60%, or $2.3 trillion, goes toward mandatory spending like Social Security, Medicare and Military Retirement programs. These expenditures are estimates of how much it will cost to fulfill programs established by Congress.
The rest, called Discretionary spending, is negotiated between the President and Congress each year. The President's budget proposes that $1.242 trillion be appropriated to run the rest of the Federal government. About half, ($618 billion) is military spending. (Source: Office of Management and Budget)
Govt wast is not minimal, but dizz is right, our military budget is insanely high. More than half a TRILLION dollars! That's not including the Military Retirement programs mentioned above. The bulk of the budget goes to the Military, Social Security and Medicare.
yep.. when you look at the rest of the world it makes no sense to have spending levels this high. IMO part of the reason we have these wars is so we can justify our military funding.
Post a poll that shows % of military spending to GDP for the countries in this poll.
Does the amount of my debt (i.e., the amount I owe on my mortgage) in any way, shape, or form determine whether it is a good debt or a bad debt?
Is there waste in the federal government? Of course there is, and we all agree it would be great to responsibly reduce it. I guess I'm just saying that throwing around the $$ amount of the national debt doesn't by itself help anyone understand how much waste there is ... it just confirms that the federal government is bigger than a bread box.
And it really doesn't have anything to do with why this government is shut down, with thousands more people missing paychecks with each passing day, and Americans going hungry and getting sick, and medical research shut down, and the Centers for Disease Control shut down, and death benefits being witheld from grieving soldiers' families. Etc. Etc.
Do I like where every penny of my taxes goes? Of course not. Does that give me the right to terrorize and harm you? Of course not. But the same also applies to the people in the government (the Tea Party, right?) who are doing this because they are unhappy about constitutionally passed laws.
I said it before: if you want to change the laws - win an election. I don't understand why the people think the rules have changed all of a sudden.
Would have made sense to cut the welfare checks of the 10s of millions of folks who are drawing them, yet perfectly able to work. Might make the dems look bad, and cause them to lose and election though because we know most of those folks (who are leeches to society) always votes for the party who gives them the most freebies.