Sunday, September 23, 2012
QOD- Government- Thur Sept 27
Many criticize government for having gotten too big. Government spends a lot of money.
What are the top ten items in terms of government spending in it's yearly budget? And how much does it spend on each item?
Gross Public Debt- $16,350.9 billion
Total Spending- $3,795.6 billion
Federal Deficit- $1,327 billion
Defense- $902.2 billion
Health Care- $846.1 billion
Pensions- $819.7 billion
Welfare- $451.9 billion
Interest- $224.8 billion
Other Spending- $199.6 billion
Education- $153.1 billion