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Article #17Re: Largest Fed budget item (was MEDIA ELECTION DIS-INF...)
From: John Covici
Date: Mon, 02 Nov 1992 20:15
Date: Mon, 02 Nov 1992 20:15
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Chuck.Lavazzi@bbs.oit.unc.edu (Chuck Lavazzi @ University of North Carolina Extended Bulletin Board Service) once wrote....
>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.
I think the largest item is the debt service at about 292 billion.
Why not cut some of that out!
----
John Covici
covici@ccs.covici.com
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Path: arc1-ca.pugleaf.net!sparky!uunet!ccs!covici From: covici@ccs.covici.com (John Covici) Reply-To: covici@ccs.covici.com Newsgroups: misc.headlines,talk.politics.misc,alt.activism,alt.news-media Subject: Re: Largest Fed budget item (was MEDIA ELECTION DIS-INF...) Message-ID: <201-PCNews-124beta@ccs.covici.com> Date: 2 Nov 92 20:15:36 GMT Organization: Covici Computer Systems References: <1992Oct31.035842.20258@mont.cs.missouri.edu> <31OCT199207373996@amarna.gsfc.nasa.gov> <1992Nov2.162228.4270@samba.oit.unc.edu> Lines: 28