US Federal Budget Pie Chart for 2013
usgovernmentspending.com/federal_budget_piePosted Jul 30, 2013, 2:29 AM UTC
105
Posted Jul 30, 2013, 2:29 AM UTC
Only 11% and 3% on welfare and education respectively, but 23% on defence! Scandalous.
As a comparison, here is the New Zealand budget: http://www.wheresmytaxes.co.nz/
Somehow we manage to only spend 17% of our budget on a full socialised healthcare system vs 24% for America's "privatized" system.
$222.8 billion of interest for $16.8 trillion That's what, 1.3% interest? I want to know who the hell is lending them money at below inflation...
Interesting to note is almost 90% of it is pensions, welfare, defense, or interest spending. If "healthcare" means medicare/caid I'm lumping them in with pensions and welfare, respectively.
if my calculations are correct, when this baby hits 88% you're gonna see some serious shit