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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (45982)2/7/2006 8:25:03 PM
From: RealMuLan  Read Replies (2) of 116555
 
Bush budget breaks down:

42% -- SS, Medicare, and Medicaid
12% -- other entitlement
9% -- interest on debt
19% -- defense and home land security
18% -- domestic spending, including education, transportation, crime, environment, parks, aid to cities, arts, science, technology, housing, and everything else you can think of

BTW, he proposed 3 penny tax on every 11.8 gallons of milk, which translates to about $720 a year for an average-sized dairy farm. The tax would generate a whooping $587 million over the next 10 years. This is about 2.1 B-1 bomber cost.
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