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1 posted on 01/24/2018 12:28:33 PM PST by E. Pluribus Unum
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To: E. Pluribus Unum

And neither the Democrats nor the Republicans care. There is no more fiscal conservative party in this country. I’ll be dead (hopefully) before we turn into Greece but we’re on that track and no one is pulling the brake.


2 posted on 01/24/2018 12:30:34 PM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: E. Pluribus Unum
Yeah, most of the federal spending is for things that aren't affected by these spending bills. For Fiscal Year 2016 (1 October 2015 through 30 September 2016), discretionary spending (which includes defense) was $1.196 Trillion dollars. As a whole, it was only 31% of the total spending in 2016. Of that, $587.6 Billion was for defense (15% of the total spent for the year).

Mandatory spending and interest on the Debt was 69%. Medicare/Medicaid/Social Security totaled $1.9764 Trillion (or nearly 51% of the total spent in FY16). Other mandatory spending, payment on debt, and income security spending (whatever the hell that is) totaled $164.9 Billion (18% of the total). On any given day, mandatory spending outweighs discretionary (what these funding bills are for) by more than 3 to 1.

https://upload.wikimedia.org/wikipedia/commons/thumb/c/ca/U.S._Federal_Spending_-_FY_2016.svg/1280px-U.S._Federal_Spending_-_FY_2016.svg.png

4 posted on 01/24/2018 12:44:29 PM PST by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)
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