Is this statement true? - Democratic Underground

politicaholic

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Tue Apr-04-06 01:02 PM
Original message

Is this statement true?

Of the $2.5 trillion spent by our government in fiscal year 2005, 49% of the total was spent on Medicare, Medicaid and Social Security (source: Treasury Department).

This is separate from the budget slated for the Iraq War right?

I wish they would also publish the % of the budget that goes to corporate subsidies.

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BlooInBloo

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Tue Apr-04-06 01:06 PM
Response to Original message

1. That doesn't sound outlandish...

... Entitlements and the military have always been "the big two" for us...

I think they usually publish a handy pie chart in the back of the IRS tax form booklets don't they? That's where I'd look...

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RufusEarl

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Tue Apr-04-06 01:12 PM
Response to Original message

2. NPR looks at the 2007 budget

Here's one of many articles on the 2007 budget, it cover most of your question.

http://www.npr.org/templates/story/story.php?storyId=5192631

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politicaholic

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Tue Apr-04-06 01:17 PM
Response to Reply #2

3. Thank you so much...

I found the original statement on Whitehouse.gov. I didn't see this page there too, but NPR had a link.

http://www.whitehouse.gov/omb/budget/fy2007/

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FloridaPat

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Tue Apr-04-06 01:21 PM
Response to Original message

4. Their putting all the fruit in one basket. SS and medicare pay for

themselves. Actually make money. The trick is to get the budget data without SS & medicare in it. They you will notice that most of the money went to the military.

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Roland99

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Tue Apr-04-06 01:24 PM
Response to Original message

5. Here's the CBO page

http://www.cbo.gov/budget/budproj.pdf

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Roland99

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Tue Apr-04-06 01:37 PM
Response to Reply #5

6. Damn! That's depressing looking at that!

Look at page 3
CBO’s Baseline Budget Projections

Notice Individual income taxes and social insurance taxes rising steadily but revenue from corporate income taxes staying flat?

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cyanide

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Tue Apr-04-06 01:59 PM
Response to Reply #6

7. Well no kidding

This president has always been for the rich elite.

The only thing that I can not fathom is why some of the middle class supported him ?

Although as things get worse for everyone in the USA , it appears less and less are giving him their support. .

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Roland99

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Tue Apr-04-06 03:23 PM
Response to Reply #7

8. As long as those voices make it to the polls in Nov.

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