Socialized spending in 2006 up from 2005

Several weeks ago I did an article on how much we as a nation had spent on socialized welfare in the country in 2005. Well, here are the official numbers from 2006 on our socialized programs that we pay federal, state and local tax on:

These numbers are based against the 2005 numbers

We spent $783 billion in health care (Medicaid and Medicare), which was up $47 billion. 23% of federal spending goes to health care which is an increase from 6% back in 1975. And you know what…it will continue to rise.

We spent $548 billion in social security, which was up $25 billion

And finally, we spent $403 billion in welfare, which was up $41 billion

For a grand total of $1.734 Trillion in socialized welfare for the country. It looks like this $1,734,000,000,000.00.

We spent $521 billion on armed forces, which was up $26 billion

The total federal, state and local spending for 2006 was $4.704 Trillion which was up $300 billion.

We spent 37% of our total budget on socialized welfare in the country. When we get to 50%, you mine as well call us The Union of the United Socialist States of America. Wonderful!

We are so “F’d”.

Well here is the link if you want a more in depth look at government spending. Link.

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