lectur3-page34 - budget, and has been increasing more...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Here is one that gets everybody in an uproar. Foreign aid is a slice out of the foreign affairs budget. If we cut all that help we give foreign countries out, would we get close to balancing that budget? Well defense, veterans, and foreign affairs spending account for 24.3% of the total budget. Spending for national defense alone is 20.03% ($495.3B) of the total
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: budget, and has been increasing more recently. Veteran benefits and services account for 2.84% ($70.1B) of the budget (medical care excluded, we considered veteran medical care earlier) and really could be considered another entitlement program. What about foreign affairs? How much spending is there? 34...
View Full Document

This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

Ask a homework question - tutors are online