Integral
Can't you hear it?
Somewhat inspired by John's posts in the "who in 2008" thread.
The Government budget, 2006:
Total government revenues-----: $3,934.8 billion
Total government spending-----: $4,130.3 billion
-General Public Service---: $589.2 billion
-National Defense---------: $544.8 billion
-Public Order and Safety--: $267.9 billion
-Economic Affairs---------: $256.7 billion
-Housing & Community------: $040.8 billion
-Health-------------------: $839.1 billion
-Recreation & Culture-----: $029.6 billion
-Education----------------: $653.6 billion
-Income Security----------: $908.8 billion
Federal Government spending---: $2,715.8 billion
-General Public Service---: $354.5 billion
-National Defense---------: $548.5 billion
-Public Order and Safety--: $042.9 billion
-Economic Affairs---------: $124.5 billion
-Housing & Community------: $046.7 billion
-Health-------------------: $680 billion
-Recreation & Culture-----: $004.9 billion
-Education----------------: $071.3 billion
-Income Security----------: $842.3 billion
State & Local Government Spending---: $1,773 billion
-General Public Service---: $236.8 billion
-Public Order and Safety--: $231 billion
-Economic Affairs---------: $144.3 billion
-Housing & Community------: $008.8 billion
-Health-------------------: $361.9 billion
-Recreation & Culture-----: $025.1 billion
-Education----------------: $624 billion
-Income Security----------: $140 billion
(Source: Bureau of Economic Analysis, National Income and Product Accounts Table 3.16)
(I am aware that if you sum the "federal" and "state" columns, you will not always get the same numbers as the "total" column. Blame the BEA for not being able to add. But this is gives a good idea of what money's being spent on, and who spends it.)
So,
1) What needs to be cut? What programs deserve more money? At what level--State or Federal?
2) Suppose the government magically received an additional $180 billion per year in revenues from miscellaneous sources. What should that money be spent on?
-a. reducing the long-term fiscal deficit
-b. financing universal health insurance
-c. repairing America's infastructure
-d. tax cuts for the lower and middle class (not that they pay much in income taxes anyway)
-e. tax cuts in general
-f. other (please explain!)
-Integral
(graph coming shortly)
(EDIT: graph's here. Sorry for the low quality. Red is federal spending, blue is combined state spending.)
The Government budget, 2006:
Total government revenues-----: $3,934.8 billion
Total government spending-----: $4,130.3 billion
-General Public Service---: $589.2 billion
-National Defense---------: $544.8 billion
-Public Order and Safety--: $267.9 billion
-Economic Affairs---------: $256.7 billion
-Housing & Community------: $040.8 billion
-Health-------------------: $839.1 billion
-Recreation & Culture-----: $029.6 billion
-Education----------------: $653.6 billion
-Income Security----------: $908.8 billion
Federal Government spending---: $2,715.8 billion
-General Public Service---: $354.5 billion
-National Defense---------: $548.5 billion
-Public Order and Safety--: $042.9 billion
-Economic Affairs---------: $124.5 billion
-Housing & Community------: $046.7 billion
-Health-------------------: $680 billion
-Recreation & Culture-----: $004.9 billion
-Education----------------: $071.3 billion
-Income Security----------: $842.3 billion
State & Local Government Spending---: $1,773 billion
-General Public Service---: $236.8 billion
-Public Order and Safety--: $231 billion
-Economic Affairs---------: $144.3 billion
-Housing & Community------: $008.8 billion
-Health-------------------: $361.9 billion
-Recreation & Culture-----: $025.1 billion
-Education----------------: $624 billion
-Income Security----------: $140 billion
(Source: Bureau of Economic Analysis, National Income and Product Accounts Table 3.16)
(I am aware that if you sum the "federal" and "state" columns, you will not always get the same numbers as the "total" column. Blame the BEA for not being able to add. But this is gives a good idea of what money's being spent on, and who spends it.)
So,
1) What needs to be cut? What programs deserve more money? At what level--State or Federal?
2) Suppose the government magically received an additional $180 billion per year in revenues from miscellaneous sources. What should that money be spent on?
-a. reducing the long-term fiscal deficit
-b. financing universal health insurance
-c. repairing America's infastructure
-d. tax cuts for the lower and middle class (not that they pay much in income taxes anyway)
-e. tax cuts in general
-f. other (please explain!)
-Integral
(graph coming shortly)
(EDIT: graph's here. Sorry for the low quality. Red is federal spending, blue is combined state spending.)