[Oe List ...] Federal budget

[Herman Greene]

Interesting articles in yesterday's NYT on fixing the budget. The second
article gives you an idea of areas of expenditure in the federal budget.

 

http://www.nytimes.com/2010/11/14/weekinreview/14leonhardt.html?_r=1

 

http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.
html?hp?src=ISMR_HP_LO_MST_FB 

 

For Susan, here's a link to authoritative OMB documents on the 2011 federal
budget:

 

http://www.gpoaccess.gov/usbudget/ 

 

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From: oe-bounces at wedgeblade.net [mailto:oe-bounces at wedgeblade.net] On Behalf
Of Susan Fertig
Sent: Sunday, November 14, 2010 8:21 PM
To: 'Order Ecumenical Community'
Subject: Re: [Oe List ...] Federal budget

 

Hmmm-in the first link below, the Health and Human Services budget is shown
at $900 billion, with $719 billion for Defense Department (of which $200
billion is for defense efforts in Iraq, Afghanistan, Yemen)--which is
inconsistent with the chart below, in particular the $600 billion for "all
other departments".

 

I wonder how much of the Defense budget is for personnel and how much for
defense systems.  When I have time I'll try to ferret that out.

 

Susan

 

From: oe-bounces at wedgeblade.net [mailto:oe-bounces at wedgeblade.net] On Behalf
Of Herman Greene
Sent: Sunday, November 14, 2010 11:29 AM
To: 'Order Ecumenical Community'
Subject: [Oe List ...] Federal budget

 

http://www.onlineforextrading.com/articles/2011-federal-budget 

 

http://www.federalbudget.com/

 

http://en.wikipedia.org/wiki/United_States_federal_budget

 

Here's a chart for 2010 just considering "discretionary spending." People go
both ways on whether Social Security is part of the Federal Budget.

 

On Thursday February 26th, the <http://www.whitehouse.gov/omb/budget/>  US
Federal Budget for 2010 was released. In a sea of 140 pages, there was over
$600 billion going to defense and roughly another $600 billion going towards
all other departments and programs. Obama forecasts a $1.75 trillion deficit
increase but for the overall US deficit to be halved by the end of his term,
partially through $989 billion in new taxes. (Guess what's happening to the
new taxes.)

   

 

 

 

 

 

 

 

 

 

 

 

 

_____________________________________________

Herman F. Greene, Esq.

Greene Law, PLLC

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