PrintMay 20, 2010
Graph of the Day for May 20, 2010
"The United States faces a fundamental disconnect between the services that people expect the government to provide, particularly in the form of benefits for older Americans, and the tax revenues that people are willing to send to the government to finance those services." Congressional Budget Office.
"Today's concerns may soon become tomorrow's existential crises... The time we have is growing short... there are serious questions, most immediately about the sustainability of our commitment to growing entitlement programs." Paul Volcker.
"All amounts assume a full economic recovery; all projections may be optimistic." Robert Samuelson.
Source: CBO.
Hoven's Index for May 20, 2010
Federal spending in "other" category (% of total federal spending in 2020):
International Affairs, Justice, Natural Resources, Environment and Science: 8%
Income security (unemployment, tax credits, nutrition assistance): 5%
Civilian and military retirement and veterans benefits: 4%
Health (CHIP, research, public health): 2%
Education, Training, Employment, Social Services: 2%
Transportation: 2%
Total "other": 23%
Source: CBO.
Graph of the Day Archive.
FOLLOW US ON
Recent Articles
- The Russia Tariff Canard
- When The Government Brutalizes Children
- Trump’s Global Bunker Buster Day
- Phone-Free Schools: Banning Phones to Protect Schoolchildren
- Out-of-Control Courts
- ‘Democracy,’ Establishment Style
- The Truth About Trump’s Tariff Revisions … It’s All About 'The Art of the Deal'
- Remember, MAGA: This is No Time to Go Wobbly
- The Hill of Lies
- Trump’s Tariff Play: The Art of the Economic Reset
Blog Posts
- Democrats are avoiding Obama like a bad smell
- Axios and the Democrats whine about a female Navy officer losing her job, but leave out the very important why
- Nashville PD on Covenant school shooter: All that talk about wanting to kill ‘white’ kids isn’t about race, but notoriety
- At CU Boulder, Hamas supporters were unceremoniously tossed from a classroom
- Rep. Jasmine Crockett calls on illegals to pick her cotton because 'we done picking cotton'
- Two…men…advance to women’s pool championship
- Let’s talk about the economic collapse and recession that aren’t happening
- Where were all the ‘protesters’ during Biden’s years in office?
- Progressivism is an auto-immune disease
- Time to tariff up: Stop funding our own collapse
- Major victory from SCOTUS in Trump deportation case
- Mississippi on the move
- We called him ‘Daniel el travieso’
- The Supreme Court affirms Justice Boasberg lacked jurisdiction over Trump’s deportation decision under the Alien Enemies Act
- DOGE spirit moves downstream -- to new U.S. Attorney who vows to probe the billions lost to L.A.'s homeless industrial complex