This was the budget from two years ago, and in FY13 things are much, much worse.
Defense has shrunken to below 17% of all spending, while Entitlement spending has infected the budget even more.
Only God can save this nation now.
This was the budget from two years ago, and in FY13 things are much, much worse.
Defense has shrunken to below 17% of all spending, while Entitlement spending has infected the budget even more.
Only God can save this nation now.
Wait and see what happens when that tiny little sliver labeled “6% Net Interest Payment” widens to about 30...
Or inflation sends entitlement payments from the moon where they are now all the way to the outer planets, due to COLA...
We truly are living on borrowed time, economically speaking.
I read that chart as showing entitlement spending at 58%!