Newsvine
  • Welcome
  • Help
  • Report Bug
  • Conversation Tracker
  • Your Column
  • Replies
  • Friends
Type Comments Since You Last CheckedArticle Source Last Checked Stop Tracking All Clear Tracking All
Advertise | AdChoices
Log In | Register
Close the Login Panel
Existing users log in below. New users please register for a free account.

New Users:

Existing Users:

E-Mail:
Password:
Forgot Password?
Please enter the e-mail address or domain name you registered with:
E-Mail/Domain:
Back to Login
Log Out
  • Top News
  • Local News
  • World
  • U.S.
  • Sports
  • Politics
  • Tech
  • Entertainment
  • Science
  • Business
  • Health
  • Odd News
  • More
    • Arts
    • Education
    • Environment
    • Fashion
    • History
    • Home & Garden
    • Not News
    • Religion
    • Travel
Visit ozzie.dc's column >>

OZZIE.DC

Articles Posted: 2  Links Seeded: 21
Member Since: 2/2007  Last Seen: 5/10/2007

What is Newsvine?

Updated continuously by citizens like you, Newsvine is an instant reflection of what the world is talking about at any given moment.

Get a Free Account
Help
Fun Stuff
  • Your Clippings
  • Leaderboard
  • E-Mail Alerts
  • Top of the Vine
  • Newsvine Live
  • Newsvine Archives
  • The Greenhouse
  • Recommended Articles
  • Wall of Vineness
Put a Seed Newsvine link on your own site

Federal Budget, 1956 vs. 2006

Wed Feb 14, 2007 2:30 PM EST
congress, economy, budget, defense, economics, social-security, us-news, expenditures
By ozzie.dc
Advertise | AdChoices

In 1956, 60% of federal expenditures were for defense; 20% were for Social Security. Now the inverse is true. In 2006, 60% of the budget went to Social Security and 20% to defense.

Some perspective: In 1956, total government expenditures were $102 billion (24% of GDP). In 2006: $4.1 trillion (31% of GDP).

  • Enjoy this article? Help vote it up the 'Vine.

Back To Top | Front Page

Published to:

  • ozzie.dc's Column, All of Newsvine
  • Groups: none
  • Regions: none
  • Public Discussion (6)
Territan

Ooh. Pretty graph.

Got a link to back up the conclusion drawn by the pretty graph?

I ask because I found an even prettier graph that makes yours look a little hinky.

Key bones of contention:

  • Total Federal Discretionary Budget for 2007: $983 billion, not $4.1 trillion.
  • Total military budget: $633 Billion, or 64% of the budget, not 20%
  • Total nonmilitary budget: $350 Billion, or 36% of the budget, not 60%.

And yes, I know these figures are for the Federal Discretionary Budget of 2007 instead of the total expenditures of 2006. But these figures disagree so wildly that I begin to suspect...

  • 3 votes
Reply#1 - Wed Feb 14, 2007 4:28 PM EST
ozzie.dc

Social Security isn't discretionary spending. It's entitlement spending. It's a separate column. Those numbers are irrelevant.

  • 4 votes
Reply#2 - Wed Feb 14, 2007 5:11 PM EST
ozzie.dc

And, just to make sure things are clear:

  • Total Federal Outlays for 2007 Budget: $2.4 trillion
  • Total discretionary outlays (this includes defense but not entitlements), 2007 Budget: 987 billion, or 41% of the budget
  • Total defense outlays, 2007 Budget: $473 billion, or 19.7%
  • Total entitlement (SS, Medicare, Medicaid) outlays, 2007 Budget: $1.3 trillion, or 54%
  • 3 votes
Reply#3 - Wed Feb 14, 2007 5:26 PM EST
ozzie.dc

And here's the FY07 budget itself, FYI: http://www.gpoaccess.gov/usbudget/fy07/pdf/budget/tables.pdf

  • 4 votes
Reply#4 - Wed Feb 14, 2007 5:29 PM EST
Pamela Drew

Love the avatar and great piece, thanks.

  • 2 votes
Reply#5 - Wed Feb 14, 2007 6:28 PM EST
EEEEEMAN

Has the budget changed or is how we now have it recorded, afterall, when reading the budgets and the distribution of the cash do any of the taxpayers really understand how all the itemized deductions are redistributed to the other discretionary budgets or is the reality, why should the taxpayer know?

  • 1 vote
Reply#6 - Thu Feb 15, 2007 1:22 PM EST
Leave a Comment:
You're in Easy Mode. If you prefer, you can use XHTML Mode instead.
You're in XHTML Mode. If you prefer, you can use Easy Mode instead.
(XHTML tags allowed - a,b,blockquote,br,code,dd,dl,dt,del,em,h2,h3,h4,i,ins,li,ol,p,pre,q,strong,ul)
Newsvine Privacy Statement
As a new user, you may notice a few temporary content restrictions. Click here for more info.
FUN STUFF:
  • Leaderboard |
  • E-Mail Alerts |
  • Top of the Vine |
  • Newsvine Live |
  • Newsvine Archives |
  • The Greenhouse |
COMPANY STUFF:
  • Code of Honor |
  • Company Info |
  • Contact Us |
  • Jobs |
  • User Agreement |
  • Privacy Policy |
  • About our ads
LEGAL STUFF:
  • © 2005-2012 Newsvine, Inc. |
  • Newsvine® is a registered trademark of Newsvine, Inc. |
  • Newsvine is a property of msnbc.com