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Old 04-15-10, 07:27 PM   #91
tater
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Join Date: Mar 2007
Location: New Mexico, USA
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Quote:
Originally Posted by Platapus View Post
http://www.cbpp.org/cms/index.cfm?fa=view&id=3144

An interesting interview on where our federal taxes go.
Nice, but it's wrong.

According to the CBO for 2009:

Discretionary Spending: 1,237.0 B$
Programmatic Spending (entitlements): 2,288.7 B$
Net Interest: 187.3 B$
Offsetting receipts: -194.7 B$
total spending: 3,518.2 B$

Entitlements are 65% of spending.

Defense was 655.8, so 18.6% (close tot he claim above).

That only leaves ~16% for everything else.
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