SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tejek who wrote (219831)2/19/2005 1:09:56 PM
From: Tenchusatsu  Read Replies (1) of 1574683
 
Ted, Not 3/4.....roughly half.

I'm doing the math here. According to my source, defense and homeland security made up 17% of the total expenses. If that 17% represents half of discretionary spending, then that means 66% of total expenses is mandatory.

Then I said "Up to 3/4 of the federal revenues are tied up in "mandatory" spending." Since revenues are lower than expenses, "mandatory spending" will obviously represent a larger percentage of revenues compared to its percentage of expenses.

Here are my figures:

Total Revenues: $2,350B
Total Expenses: $2,763B
Military: $358B
Homeland Security: $117B

(My figures include SS as part of the revenues and expenses. If you separated out SS from the rest of the budget, which I advocate, then you'll have to subtract $733B from revenues and $578B from total and mandatory expenses. Unfortunately, that would still leave the rest of mandatory expenses at 3/4 of the remaining revenues.)

Tenchusatsu
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News