lectur3-page34

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

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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
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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...
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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.

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