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Article #14Re: Largest Fed budget item (was MEDIA ELECTION DIS-INF...)
From: Chuck Lavazzi
Date: Mon, 02 Nov 1992 16:22
Date: Mon, 02 Nov 1992 16:22
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In article <31OCT199207373996@amarna.gsfc.nasa.gov> packer@amarna.gsfc.nasa.gov (Charles Packer) writes: >In article <1992Oct31.035842.20258@mont.cs.missouri.edu>, harelb@math.cornell.edu (misc.activism.progressive co-moderator) writes... >> only 23% picking by far and away the biggest ticket item, military >> spending (21% of the federal budget). This suggests that most > > >The largest item in the federal budget is not the military, but one >called "income security," typically about 33% of federal outlays, >compared to the 21% typically spent by the military. This can be >seen in the table in any World Almanac (I consulted a 1984 edition) >called "Summary of U.S. Receipts by Source and Outlays by Function." True. But (as I suspect you may know) this includes the Social Security fund, which is *supposed* to be funded separately from the rest of the government, including defense. In fact, many conservatives have pointed out (and rightly so, IMO) that bundling the Social Security fund in with the rest of the federal budget in order to make the deficit look smaller is bogus n the extreme. Take away Social Security, and DOD is still the biggest feeder at the federal trough. Chuck No .sig, no frills, no foolin'
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Path: arc1-ca.pugleaf.net!sparky!uunet!ogicse!decwrl!concert!samba!usenet From: Chuck.Lavazzi@bbs.oit.unc.edu (Chuck Lavazzi) Newsgroups: misc.headlines,talk.politics.misc,alt.activism,alt.news-media Subject: Re: Largest Fed budget item (was MEDIA ELECTION DIS-INF...) Message-ID: <1992Nov2.162228.4270@samba.oit.unc.edu> Date: 2 Nov 92 16:22:28 GMT Article-I.D.: samba.1992Nov2.162228.4270 References: <1992Oct31.035842.20258@mont.cs.missouri.edu> <31OCT199207373996@amarna.gsfc.nasa.gov> Sender: usenet@samba.oit.unc.edu Organization: University of North Carolina Extended Bulletin Board Service Lines: 22 Nntp-Posting-Host: lambada.oit.unc.edu