The budget is $2.9 trillion! Liberal programs?

Question

Despite the war in Iraq, defense spending is only a fifth of the budget; so-called entitlement payments to individuals are almost 60 percent -- and rising. In fiscal 2006, the federal government spent almost $2.7 trillion. Social Security ($544 billion), Medicare ($374 billion) and Medicaid ($181 billion) dominated.

Answer 1

Yep. Deal with it.

Answer 2

according to the CBO analysis released last month if the medicare/medicaid continues with no change by the year 2017 this program ALONE will be 34% of the GDP by the year 2050 this program ALONE will be 52 % of the GDP. Anytime the govt gets involved all they do is throw more and more money at a system that will never decrease in spending. There is other avenues to take but it is the democratic goals to continue this practice bringing forth an entire socialistic govt. SS is the prime example of this. As of today the return on SS withholdings will net a return LESS than a normal everyday savings account. There are alot of money minded people on the democratic side of the isle and I can guarantee that NONE of them would invest in an idea that would net this little return. however they continue to push for it and throw money at it. The ONLY reason they would be doing this is because a closing of the SS program would take away from their idea of a socialistic state.

Answer 3

This is the crazy thing. 544 for ssi 374 for medicare 181 for medicaid.
Well now think about 'universal' health care. Wonder how much that budget would be if we had that.

A co worker and I were discussing this. He was telling me how General Motors spends 2 trillion dollars per year on their portion of healthcare just for their employees.

Answer 4

Iraq spending is not in the budget, it is funded through several supplemental appropriations each year.. Social Security and Medicare I believe are separate funds - at least the money is taken out of my paycheck separately.

But by all means cut off domestic aid programs if it makes you happy, I just want to be around when you don't get that heart bypass because you got rid of medicare.

Answer 5

The entitlement programs have already been cut over the past 10 years. The problem is not these programs but overpaid doctors, lawyers and what does it tell you when the 2nd richest man in the USA got rich from owning insurance companies...

Answer 6

You are not counting the "emergency allocations" for the war, which are not in the budget, so you are not being accurate.

Answer 7

I hope you aren't planning on becoming old anytime soon, or you might start to think differently about those programs.