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Tea Party Fact Sheet


A usgovernmentspending.com brief by Christopher Chantrill

Government Spending since 1900

Would you believe it? Back in 1902 the government spent only six percent of our national income for public use. That was for everything: defense, education, the Post Office. Today in 2009 the government takes 44.7 percent of our nation’s product. And for what?

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Government Debt since 1900

Used to be that the National Debt only went up to pay for wars. Then President Reagan increased the debt to win the Cold War. Now President Obama is increasing the debt to bail out the banks — and anyone else that needs a cool trillion or so.
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Decline of the Dollar

The federal government took control of the nation’s money supply in 1913. President Roosevelt cut the value of the dollar to get out of the Great Depression. President Nixon cut it again to get re-elected in 1972. Now the dollar is worth about 3 cents of the dollar in 1913. You decide how well the feds have done.

 

Welfare Spending. Destroying the low-income family

The great achievement of government welfare programs is that now 40 percent of children are born out of wedlock and over 30 percent of children of high-school dropouts aren’t living with both parents.
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Education Spending. Dumbing us down

Back in 1842 Horace Mann promised that public schools would cut the crime rate by 90 percent. That was when nearly all Americans were able to read. Today the government reckons that only 13 percent of adult Americans are “proficient” in literacy and numeracy. But government spending on education has never been higher.
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There’s More...

usgovernmentspending.com. Where you go to get facts about government.

 

Prepared by Christopher Chantrill.
email: chrischantrill@gmail.com

 


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Next Data Update

> Federal Budget FY16

> data update schedule.

Federal Budget for FY17 Released

On February 9, 2016, we updated usgovernmentspending.com with the numbers from the historical tables in the Budget of the United States Government for Fiscal Year 2017. Actual revenue for FY 2015 and estimated revenue through FY 2021 come from Historical Tables 2.1, 2.4, and 2.5. Actual spending for FY 2015 and estimated spending at the subfunction level through FY 2021 comes from Table 3.2. Budget Authority estimates come from Table 5.1, federal debt estimates come from Table 7.1 and GDP estimates come from Table 10.1. Intergovernmental transfers come from Table 12.3.

Here is how headline budget estimates for the upcoming FY 2017 fiscal year have changed since the release of the FY 2016 budget a year ago in 2015.

FY 2017 Federal Budget Changes Since 2015
$ billionEstimate in
FY16 Budget
Estimate in
FY17 Budget
Change
Federal Outlays$4,217.8$4,147.2-$70.6
Federal Receipts$3,755.0$3,643.7-$111.3
Federal Deficit$462.8$503.5+$40.7

You can see line item changes from budget to budget here. You can compare budget estimates with actuals here.

Account level spending estimates through FY 2021 come from the Outlays table in the Public Budget Database and were updated on usgovernmentspending.com on February 9, 2016.

Account level budget authority estimates through FY 2021 come from the Budget Authority table in the Public Budget Database and were updated on usgovernmentspending.com on February 9, 2016.

Spend links

us numbersus budgetcustom chartdeficit/gdpspend/gdpdebt/gdpus gdpus real gdpstate gdpbreakdownfederalstatelocal200920102011californiatexas

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usgovernmentspending.com was designed and executed by:

Christopher Chantrill.

Email here.


presented by Christopher Chantrill

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