Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (217529)	2/5/2005 1:26:19 AM
From: tejek	Read Replies (3) \| Respond to of 1573746

Again, the defense line item is 200% bigger than the next largest line item in the budget. That's a significant stat whether you agree or not! Again social securit spending is noticeably larger. It is? How can that be when what's coming in currently is more than what's going out. I show the 2005 budget line item for SS was $443K. Medicare isn't larger than defense yet but eventualyl it will be larger then defense or even social security and medicare and medicaid combined are higher the denfense already. "Department of Health and Human Services (HHS) The budget proposes spending $571.6 billion in FY 2005 on federal health programs (Medicare and Medicaid) and research funded through HHS and represents an increase of $15.2 billion or 2.7 percent over FY 2004. Medicare has a long way to go if its to catch up to Defense. We spent 2.6 trillion dollars on defense in 2005 vs $571 billion on Medicare AND Medicaid. Like I said, and let me repeat, defense is 200% larger than the next largest line item in the federal budget. ted