Congress Ready to Pass $1.1 Trillion Spending Bill

[Siete]

Spending in FY2015's $3.81 trillion budget Federal revenue sources
Non-discretionary spending:
$897 billion (23%) Social Security payments
$860 billion (23%) Medicare/Medicaid/SCHIP payments
$251 billion ( 7%) interest on the National Debt
$659 billion (17%) other ‘mandatory’ payments
Discretionary spending:
$606 billion (16%) national defense
$543 billion (14%) other ‘discretionary spending’
$1,498 billion (39%) individual income taxes
$1,055 billion (28%) social insurance (FICA/Medicare)
$ 412 billion (11%) corporate income taxes
$ 286 billion ( 7%) other taxes & duties
$ 565 billion (15%) budget deficit

 

[Avorysuds]

Notice, it's not the fact that they are passing a trillion dollar plus spending bill riddled with waste and crony kickbacks that will only further increase our $18 trillion debt that they're upset about.

Last year the government brought in $3 trillion in revenue.

But in that same year the Fed's added near 1 trillion in stimulus. If you count the revenues it created through taxable dollars, you have to count it as debt too. This is how Obama kept his wars and everything else off the books, he pays for them with fake printed money so it looks like he is doing better than Bush when in fact he is doing worse.

 

[M14 Shooter]

It would be awesome if $1.1T was total FY2016 spending.

 

[g5000]

Do away with tax expenditures, and you have a half a trillion dollar surplus, just like that.

 

[Siete]

Do away with tax expenditures, and you have a half a trillion dollar surplus, just like that.

they would much rather bitch about the debt.