[NorthMountain]

[daniel1212]

Thanks. More pies from nationalpriorities.org

Who owns the U.S. debt

[IYAS9YAS]

Just a bit of trivia on your chart. The two largest chunks, the ones that make up 61% of the budget on that chart, are mandatory spending. They are already law, and no annual appropriations are necessary for them. They are funded no matter what because of prior law.

So, when they talk about furloughing and government shutdown, at most, only 39% of federal spending is at stake. Right now, because other funding bills have passed, only about 25% of that 39% (less than 10% of the total budget based on those 2017 numbers) of discretionary spending is what is shut down.

[D Rider]

2017 individual and payroll tax revenue was 2.7 trillion. From the chart, unemployment/labor, Medicare and interest on debt is 2.9 trillion. (The Social security portion roughly pays for itself.) Entitlements and the cost of running entitlement programs are bankrupting us. The debt and it’s interest continues to grow. This will have a bad ending.