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lectur3-page36 - 7.44% of the federal budget. You may see a...

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Law Enforcement activities by the Justice Department and the Treasury Department, and general government allocations for Congress, the Judiciary, and the President totaled approximately $45.8 billion for 2005. This amounts to 1.85% of the total budget for these two basic government activities. Net interest paid on the National Debt totaled $183.9 billion in 2005 representing
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Unformatted text preview: 7.44% of the federal budget. You may see a figure of $275.8 billion as the interest on public debt in some literature. The government does receive some interest payments from trust funds and other sources that offsets approximately $91.8 billion in interest on the public debt. 36...
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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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