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Federal Spending – Fast Facts

All fast facts for Federal Spending are from the non-partisan Congressional Budget Office (CBO), the National Commission on Fiscal Responsibility and Reform (NCFRR), and the Office of Management and Budget (OMB), and the U.S. Government Accountability Office (GAO). They do not represent all of their reports on this subject. Some simply provide historical context. Occasionally minor word adjustments may have been made for clarity or to reflect the updated nature of the statement. As always, verify and view statements in their full context as often as possible.

Spending on major mandatory health care programs alone would grow from less than 6 percent of GDP today to about 9 percent in 2035 and would continue to increase thereafter.  Spending on major mandatory health care programs and Social Security would grow from roughly 10 percent of GDP today to about 15 percent of GDP 25 years from now. (By comparison, spending on ALL of the federal government’s programs and activities, excluding payment on debt, has averaged about 18.5 percent of GDP over the past 40 years).  Click here to verify at Summary Page
Because most appropriations for operations in Afghanistan and Iraq and for related activities appear in the same budget accounts as appropriations for Department of Defense’s other functions, it is impossible to determine precisely how much has been spent on those activities.   Click here to verify at Page 70
The Congressional Budget Office (CBO) estimates that in the absence of further legislation affecting spending and revenues, the deficit for fiscal year 2012 will be nearly $1.1 trillion.  That amount is $105 billion more than the deficit CBO projected in August 2011.    Click here to verify at Page 97
As a percent of GDP, the budget bottom line went from a deficit of 4.7 percent in 1992 to a surplus of 0.8 percent in 1998, increasing to a 2.4 percent surplus in 2000. An economic slowdown began in 2001. The deterioration in the performance of the economy together with large tax reductions, as well as additional spending in response to the terrorist attacks, produced a drop in the surplus to $128 billion (1.3 percent of GDP) in 2001 and a return to deficits in 2002. Click here to verify at Page 5 - – – Or use URL;
In fiscal year 2011, the government spent roughly
 $200 billion to compensate federal civilian employees— about $80 billion for civilian personnel working in the Department of Defense or on defense-related activities in other departments, and about $120 billion for non-defense personnel, the majority of whom work in the Departments of Veterans Affairs, Homeland Security, Justice, the Treasury, and Agriculture.   In 2010, however, lawmakers eliminated cost-of-living raises for most federal civilian workers in calendar years 2011 and 2012.    Click here to verify at the Summary Page
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Voting Key

Fact = 100% - 92% True
Mostly Fact = 91% - 75% True
Slightly Fact = 74% - 60% True
Split = 59% - 50% True
Slightly Fiction = 49% - 30% True
Mostly Fiction = 29% - 10% True
Fiction = 9% - 0% True