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http://www.connectthedotsusa.com/
SLIDE 2: Federal Spending 2011 Script: So lets break it all down Suze Orman style. Heres the 2011 Federal budget all in one beautiful pie chart. If you master this, youll understand way more than most. The budget year actually started Oct 1, 2010. We kept the government open for half the fiscal year with a series of Continuing Resolutions (aka CRs). And were off to the same start using CRs for the 2012 budget. Total spending in 2011 was approximately $3.64 Trillion, so each 1% equals about $36 Billion or $36,000 Million.
Everything in red is Mandatory spending, meaning it is dictated by existing law and very difficult to change without a Battle Royale. This makes up about 2/3 of the entire budget and includes Social Security 20%, Medicare 13%, Medicaid 8%, other Safety Net programs 10% and Interest on the long-term debt 7%. Note that Social Security and Medicare have their own dedicated revenue stream through the payroll tax.
Everything in yellow is Discretionary spending, which is what is hammered out each year between Congress and the President. What I found most surprising is that almost all Military spending ($728 Billion), including the two wars, is negotiated each year. And it makes up more than half of our Discretionary spending. That leaves only about 14% of the entire budget these little bitty 1% and 2% slivers over here that are non-military discretionary spending.
It includes things like Education, Energy, Environment & Science, Veterans Affairs, Housing, Transportation. And thats exactly where the Republicans recently got $38 billion slashed out of about $255 Billion in the 6 month budget left. That cut is little more than 1% of the entire budget, but its a gigantic chunk out of these little slivers.
http://underthemountainbunker.com/2012/05/03/federal-spending-pie-chart/
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PIE? (Original Post)
kpete
May 2012
OP
Those items that are 2% and less continue to be targets for further cuts
liberal N proud
May 2012
#2
sharp_stick
(14,400 posts)1. International Affairs Must Be Cut!
We have to balance the budget and there is no way to do that without getting rid of the horrible 1.4% we spend on International Affairs.
Not only that but when we do that we can add at least that much to Military/Defense to "protect our nation" from the foreigners that are gonna be pissed that we cut International Affairs.
(cause it's gotta be there or someone is going to think I was serious)
liberal N proud
(60,352 posts)2. Those items that are 2% and less continue to be targets for further cuts
Education is on the brink.