Thursday, February 18, 2010

2011 Federal Budget: Office of Management and Budget

Note: To enlarge the charts, double-click inside of it.

Items of Interest:
1. The projected deficit for 2011 (October 2010 to September 2011) is projected to be $1,200,000,000,000. That is $1.2 trillion of the red stuff! How many years can this nation run "DEFICITS" in the trillions? See the "Debt Clock."
2.Medicare/Medicaid and Security payments to Total Federal Receipts is 84%. What does that mean? For every dollar that the federal government takes in, 84 cents goes to pay medicare/medicaid and social security recipients. Wow! That leaves 16 cents to pay for everything else, such as defense, non-defense, interest, etc.

No comments: