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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 2016 the government takes almost 36 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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State Finances for FY2016

On May 11, 2017 the US Census Bureau released data on state finances for FY 2015 here, including spending and revenue for each individual state and for all states combined.

On April 10, 2018 we updated state and local spending and revenue data for FY2016 through FY2023 as follows:
  1. We replaced "guesstimatedstate spending and revenue data for FY2016 using the new FY2016 data from the Census Bureau.
  2. We replaced "guesstimatedlocal spending and revenue data for FY 2016 with estimates for each spending and revenue category using the trends in state finances between FY 2015 and FY 2016.
  3. We replaced "guesstimatedstate revenue data for FY 2017 with data from the Census Bureau's quarterly state tax summary here.
  4. We replaced "guesstimatedlocal revenue data for FY 2016 with estimates for each category using trends for each category of state revenue between FY 2015 and FY 2016.
  5. We replaced "guesstimated" state and local spending and revenue for FY 2017 thru FY2023 with new guesstimates based on the latest Census Bureau data for FY 2016 state finances and FY 2017 quarterly tax data.

State Finances for FY2016
Estimate vs. Actual

$ billionGuesstimateActual
Spending$1,708$1,707
Revenue$1,604$1,499

We expect the Census Bureau to release local spending and revenue data for FY 2016 not earlier than Summer 2018.

Spend links

us numbersus budgetcustom chartdeficit/gdpspend/gdpdebt/gdpus gdpus real gdpstate gdpbreakdownfederalstatelocal201620172018californiatexas

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usgovernmentspending.com was designed and executed by:

Christopher Chantrill.

Email here.


presented by Christopher Chantrill

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