Menu
#Medicare: $938 billion
#Defense: $676 billion
#SafetyNet: $362 billion
In fiscal year 2015, the federal government spent $3.7 trillion, amounting to 21 percent of the nation’s gross domestic product (GDP). Of that $3.7 trillion, over $3.2 trillion was financed by federal revenues. The remaining amount ($438 billion) was financed by borrowing. As the chart below shows, three major areas of spending each make up about one-fifth of the budget:
The article is in the first comment
https://www.facebook.com/photo.php?fbid=10154121108507143&set=a.10150976147652143.409340.694027142&type=3
Over 700 Oral History interviews (including 3,500+ hours of recording) can be viewed online.
Post Your Comment
*It should be NOTED that your email address won't be shared, and all communications between members will be routed via the website's mail server.