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Q: Breakdown of federal budget ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: Breakdown of federal budget
Category: Reference, Education and News > General Reference
Asked by: achappel-ga
List Price: $15.00
Posted: 13 Nov 2005 17:20 PST
Expires: 13 Dec 2005 17:20 PST
Question ID: 592613
Looking for a breakdown of the federal budget by sector.  For example, one item
I want to lookup is the percent of the federal budget spent on healthcare.

Clarification of Question by achappel-ga on 18 Nov 2005 14:27 PST
I'm looking for a reference to this information, not just the information itself.
Answer  
Subject: Re: Breakdown of federal budget
Answered By: bobbie7-ga on 18 Nov 2005 15:24 PST
Rated:5 out of 5 stars
 
Hello Achappel, 

Total Federal Outlays, FY2005      

The pie chart at the link below illustrates total federal spending (in
outlays) for fiscal year 2005.

Health: 10%
Medicare: 12%
Social Security: 22%
Income Security: 14%

Source: Office of Management and Budget, Budget of the U.S.
Government, FY2006, Mid-Session Review.

View the complete pie chart here:
http://www.nationalpriorities.org/index.php?option=com_content&task=view&id=58&Itemid=107

Download Budget of the U.S. Government, FY2006, Mid-Session Review here:
http://www.whitehouse.gov/omb/budget/fy2006/pdf/06msr.pdf


?Today, federal spending accounts for more than 20% of GDP. About
one-third of that spending, $818 billion in FY2005, is devoted to
Social Security and Medicare - programs aimed at senior citizens, the
disabled and children and spouses of deceased workers (see above
chart).

Spending on 'national defense' (a government definition) amounts to
20% of total federal spending. This does not include, however, foreign
military financing grants, other military assistance, or other
military-related expenditures.

(?)

The federal government contributes very little to education,
contributing only about 8% of total spending (local, state and
federal) on elementary and secondary education. Total education
spending, including higher education, consumes less than 3% of the
federal budget.?
http://www.nationalpriorities.org/index.php?option=com_content&task=view&id=37&Itemid=110


Budget of the United States Government
Fiscal Year 2006
The Budget documents are available here:
http://www.whitehouse.gov/omb/budget/fy2006/


I hope the information provided is helpful!

Search terms used: 
Federal budget pie chart health sector percent 

Best regards,
Bobbie7
achappel-ga rated this answer:5 out of 5 stars and gave an additional tip of: $3.00
The answer answer was right on the money!

Comments  
Subject: Re: Breakdown of federal budget
From: bobbie7-ga on 19 Nov 2005 06:32 PST
 
Thank you for the five stars and tip!
--Bobbie7

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