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2 Bumps

Was reading an online article about the future of our country

The online article that I read was The National Economic Rescue Initiative: Rescuing the American Dream from Economic Crisis

Sorry that I might have been living in a cave, but where is the source of the majority of our national current spending?

I am fully aware of corporate bail-outs of the past (that's a sunk cost). I am wondering about where the current ongoing spending is being spent, and how it can be stopped.



Asked by Anonymous at 2:48 PM on Dec. 18, 2010 in Politics & Current Events

This question is closed.
Answers (5)

    This is the 2009 fiscal year federal spending.  The wedges are listed in order from largest to smallest expenditure.


    Answer by LoriKeet at 3:31 PM on Dec. 18, 2010

  • The top 5 are:
    1. Social Security = 21.05%
    2. Dept. of Defense = 16.85%
    3. Medicare = 13.34%
    4. Unemployment and Welfare = 11.77%
    5. Interest on our National Debt = 8.5%

    Answer by ChezBelle at 3:40 PM on Dec. 18, 2010

  • If thats from 2009 I bet that unemployment and welfare is a bigger slice now.

    Answer by itsmesteph11 at 9:54 PM on Dec. 18, 2010

  • There are certain expenditures that absolutely shouldn't be stopped - some that certainly should be stopped.

    Answer by tasches at 12:50 PM on Dec. 20, 2010

  • Yeah, but it's all I could find...I'll be interested to see how the pie chart changes too--I predict the Social Security and Unemployment wedges will flip!! Sigh.

    Answer by LoriKeet at 7:43 AM on Dec. 19, 2010