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2010 U.S. projected Federal Budget

March 1st, 2009 Comment On This Post

Total receipts

Estimated receipts for fiscal year 2010 are $2,381 billion, an increase of 8.9%.

Total spending

Further information: Government spending

The President’s budget for 2010 totals $3,552 billion. Percentages in parentheses indicate percentage change compared to 2009. This budget request is broken down by the following expenditures:

  • Mandatory spending: $2,184 billion (-17.9%)
    • $695 billion (+4.9%) - Social Security
    • $453 billion (+6.6%) - Medicare
    • $290 billion (+12.0%) - Medicaid
    • $0 billion (-100%) - Troubled Asset Relief Program (TARP)
    • $0 billion (-100%) - Financial stabilization efforts
    • $11 billion (+275%) - Potential disaster costs
    • $571 billion (-15.2%) - Other mandatory programs
    • $164 billion (+18.0%) - Interest on National Debt

Deficit

With projected receipts significantly less than projected outlays, the budget proposed by President Obama predicts a net deficit of approximately $1,171.4 billion, adding to a United States governmental debt of about $6,578.9 billion.

2009 U.S. Federal Budget

March 1st, 2009 Comment On This Post

Total receipts

Estimated receipts for fiscal year 2009 are 2.7 trillion(+7.1%).

Total spending

Further information: Government spending

A pie chart representing spending by category for the US budget for 2009

The President’s budget for 2009 totals $3.1 trillion. Percentages in parentheses indicate percentage change compared to 2008. This budget request is broken down by the following expenditures:

The financial cost of the Iraq War and the War in Afghanistan are not part of the defense budget; they are appropriations.

Deficit

With projected receipts significantly less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately 407 billion dollars, adding to a United States governmental debt of about $10.2 trillion.

2008 U.S. Federal Budget

March 1st, 2009 Comment On This Post

Total receipts

Estimated receipts for fiscal year 2008 were $2.66 trillion.

Total spending

Further information: Government spending

A pie chart representing spending by category for the US budget for 2008

The President’s budget for 2008 totals $2.9 trillion. Percentages in parentheses indicate percentage change compared to 2007. This budget request is broken down by the following expenditures:

The Iraq War and the War in Afghanistan are not included in the regular budget. Instead they are funded through special appropriations.[1]

Deficit

With projected receipts significantly less than projected outlays, the budget proposed by President Bush predicts a net deficit of approximately 240 billion dollars, adding to a United States governmental debt of about $10.8 trillion.

Interesting articles to read for February 27, 2009

February 26th, 2009 Comment On This Post

Some interesting articles to read:

Obama wants to spend $634 billion over the next 10 years to implement a government healthcare system.

I didn’t watch Obama’s address on MSNBC, but did any of you catch this “oh God” moment from Chris Matthews, just as Bobby Jindal was about to speak? Here’s the video.

What earmarks did Obama cabinet members add to this omnibus spending bill?

Joe Biden, the guy in charge of making sure that our stimulus dollars are spent wisely, couldn’t remember the “number” for the government-run website set up to track how stimulus money is spent.

Senator James Inhofe says that Obama’s plans to put caps on carbon pollution are equivalent to a huge tax increase.

This comes from our friends at the Cato Institute: Is Libertarianism a Sign of Mental Illness?

You know that things must be bad when Robert Byrd criticizes a president of his own party, saying that Obama’s appointments of “czars” amounts to a power grab by the executive branch.

A recent government study found that the taxpayers pay twice as much for Medicare treatment in Miami compared to San Francisco.

House Minority Leader John Boehner says that the Republicans want to work with Barack Obama but there is one hollow-eyed hippy from Haight-Ashbury in the way.

When Mitt Romney decides to sell some of his homes, the Politico reports it as “shedding some of his rich-guy trappings …”

Did you hear about the teen beauty queen that was busted for underage drinking? I’m sure the parents are using the line “she’s a good kid that just got caught up in the wrong crowd.”

The octomom has made it, folks. Yep. She has been offered a million dollars to make a porn video. Meanwhile, Nadia Suleman is afraid that the hospital isn’t going to release her babies until she can prove that she can take care of them. Well there’s a concept!

Astronomers believes that there may be 100 billion Earth-like planets in the Milky Way.

And now for a list of America’s Worst Intersections …

Bored on your computer? Why not protect our border!

All articles were obtained from boortz.com

Interesting articles to read for January 8, 2009

January 8th, 2009 Comment On This Post

Get this, Obama says that he wants to “tackle out-of-control Social Security and Medicare spending.”

Peter Berkowitz writes “Conservatives Can Unite Around the Constitution.” At the end of this article you’ll find the outline of a Conservative-Libertarian agenda I think you’ll really like.

We need a tax revolt. Now that they’re calling welfare checks “tax cuts” we need this tax revolt something awful. Are tax revolts a thing of the past? Hope not.

So the Democrats now say that they are willing to seat Burris .. but they sure are dragging their feet about it.

Barack Obama says that he knows the bad press is coming. For now, the mainstream media is still in idol worship mode.

John McCain is teaming up with Russ Feingold in order to battle earmarks. Somehow the prospect of another McCain-Feingold collaboration is not comforting.

Tomorrow the House is expected to vote on two bills that combat workplace sex discrimination. And guess what is the driving force for these bills? The labor unions!

Just as a heads up .. they are banning all baby strollers and carriages from the inauguration. And what about all the adults crying “I want my mommy!”

Ann Coulter on the Today Show:  Here’s an exchange she had with Matt Lauer that I thought you might appreciate.

Did you hear this comment accusing the Senate of racism from Rep. Bobby Rush, a Democrat from Illinois?

The Governor of New York wants to require group health insurers to allow parents to extend coverage of their children until age 30. Thirty? A child? Well, maybe in New York.

Looks like Joe the Plumber won’t need to get his plumbing license after all .. he is going to be a war correspondent.

Things are so heated over the situation in Gaza that some Denmark schools are refusing to allow Jewish parents to place their children in schools for fear of backlash from Palestinians.

And now for something positively uplifting .. Five Ways the World Can End.

This from “One pissed-off dude.” We need more.

All articles obtained from boortz.com

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