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by s1artibartfast
497 days ago
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is it? The 2024 budget was 15% national defense. in 2024, the US Fed collected 4.9 Trillion in taxes and spent 3.8 trillion (78% of revenue) on the following programs: Social security, Medicare, health, and income payments like disability. It also had 1.8 Trillion dollars of deficit spending, bringing the total to 6.7 trillion with welfare taking up (57% of total spending). The fed spent 0.9 trillion (13%) paying interest. https://fiscaldata.treasury.gov/americas-finance-guide/feder... |
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