RSSU.S. Government Spending 1968 – 2007
The federal budget challenges faced by the citizens of the United States of America start and end with spending. During its fiscal year that ended September 30, 2007, the federal government spent a total of $2.730 trillion. As the chart indicates, the federal government spends more money every year than it did the previous year. This should not surprise anybody. What may be surprising to many, however, is how the money is spent, and more importantly, how it will be spent in the future.
Spending did not exceed $100 billion per year until 1962. It reached $1 trillion in 1987. Fifteen years later, the number reached $2 trillion. It is estimated that spending will surpass $3 trillion in 2009.
41 Responses to “U.S. Government Spending 1968 – 2007”
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February 24th, 2010 at 9:38 am
Watermark says: “3. Read the “general welfare” clause in the constitution and get back to me on whether you think that helping children get medical care so they don’t die is unconstitutional.”
Prior to becoming a constituional law expert, you should read the definition of “general” – “of or pertaining to all persons or things belonging to a group or category.” I don’t see anything about children’s medical care in Webster’s Disctionary within the definition of “General.”
Why limit it to “children’s medical care?” Why not shoes, jobs, water, food, and clothing? Why not a government list of what is good for us to think or feel? After all, it is for the “general welfare” of all Americans….not just the children.