What you see before you is the president's fiscal year 2008 budget request. Granted, this may be a bit obsolete, since Congress recently passed the 2008 budget, and if it hasn't been signed yet it will be soon because the president isn't expected to veto it. Anyway, since I couldn't find the approved budget, this will do for now for big picture analysis. The budget you see here actually only includes discretionary spending, which is less than 40% of the total budget. Non discretionary spending includes Medicare, Medicaid and social security. I have posted this mostly for any of my libertarian friends who might read my blog. There is a lot of talk about how much federal taxes are and I think that talk should be connected to knowledge of how much each government service costs. On the far right column is percentages of the total discretionary budget.
To be honest, this seems to pose more questions than it answers. But it is a good starting point to understanding where your federal dollars go and how much you could actually expect back if you cut certain programs (my analysis is that you would not get much back) or whether we could increase spending in certain areas. I plan to talk more about the details in the future, so stay tuned. If you want more detail, you can go here and get agency level detail.
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