Saturday, July 17, 2010

Unlimited government spending

 

I looked at just three items on this list and my head almost exploded. This list is nuts! 112 million dollars to educate and encourage states to pass open alcohol container laws??? You could do that with a one page memo and 50 copies on a copy machine. The list goes on and on like that. We've GOT to get a handle on this insanity. 


It's appears to be from 2005 so there may be a newer data somewhere. But the point is the same: This is the kind of crap the government is spending billions of dollars on and it must be stopped.



Hat tip to ScientistX for sorting this list.

The large number of programs hides the fact that most money goes into a relatively small number of programs.  I sorted the data by amount, and the following 48 programs add up to 90.3% of the total.  Notice that the oft-insulted food stamps and welfare are, respectively, 0.98% and 0.97%, mere drops in the bucket (I appreciate that since I've often looked for welfare costs - I note federal welfare is small compared to veterans costs which add to over 5%).  Also, several of these are loan programs, that I imagine would be expected to return most if not all of the money. (ScientistX  http://community.history.com/topic/14011/t/Re-A-LIST-OF-U-S-GOVERNMENT-FUNDING-PROGRAMS.html?page=-1)



Program,                      amount,                      percent total
Social Security_Retirement Insurance $345,573,400,000 17.51%
Medical Assistance Program $177,232,410,000 8.98%
Medicare_Hospital Insurance $166,182,000,000 8.42%
Mortgage Insurance_Homes $143,521,171,000 7.27%
Federal Family Education Loans $129,166,000,000 6.54%
Medicare_Supplementary Medical Insurance $127,976,000,000 6.48%
Social Security_Disability Insurance $76,639,000,000 3.88%
Social Security_Survivors Insurance $65,399,700,000 3.31%
Veterans Housing_Guaranteed and Insured Loans $52,000,000,000 2.63%
Railroad Safety $51,501,000,000 2.61%
Unemployment Insurance $44,086,575,000 2.23%
Federal Direct Student Loans $38,992,000,000 1.98%
Highway Planning and Construction $35,818,330,000 1.81%
Supplemental Security Income $34,285,000,000 1.74%
Rural Electrification Loans and Loan Guarantees $31,980,000,000 1.62%
Veterans Medical Care Benefits $21,432,835,000 1.09%
Veterans Compensation for Service-Connected Disability $21,120,999,000 1.07%
Food Stamps $19,423,936,000 0.98%
Temporary Assistance for Needy Families $19,208,626,000 0.97%
Section 8 Housing Choice Vouchers $14,712,341,000 0.75%
Mortgage Insurance_Purchase of Units in Condominiums $12,616,000,000 0.64%
Title I Grants to Local Educational Agencies $12,342,309,000 0.63%
Federal Pell Grant Program $12,006,738,000 0.61%
Special Education_Grants to States $10,068,106,000 0.51%
Small Business Loans $10,000,000,000 0.51%
Commodity Loans and Loan Deficiency Payments $9,493,384,000 0.48%
Social Insurance for Railroad Workers $9,211,000,000 0.47%
National School Lunch Program $6,884,308,000 0.35%
Head Start $6,774,848,000 0.34%
Crop Insurance $5,970,073,000 0.30%
Section 8 Housing Assistance Payments Program_Special Allocations $5,245,792,000 0.27%
Mortgage Insurance_Rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate $5,203,000,000 0.26%
Foster Care_Title IV-E $4,685,000,000 0.24%
Single Family Property Disposition $4,591,684,000 0.23%
Federal Transit_Capital Investment Grants $4,587,380,000 0.23%
Very Low to Moderate Income Housing Loans $4,474,392,000 0.23%
Child Support Enforcement $4,351,674,000 0.22%
Special Supplemental Nutrition Program for Women, Infants, and Children $4,332,412,000 0.22%
Production Flexibility Payments for Contract Commodities $4,071,721,000 0.21%
Milk Income Loss Contract Program  $4,000,000,000 0.20%
Veterans Dependency and Indemnity Compensation for Service-Connected Death $3,945,931,000 0.20%
Federal Transit_Formula Grants $3,818,689,000 0.19%
Veterans Prescription Service $3,616,952,000 0.18%
Public and Indian Housing $3,578,765,000 0.18%
Airport Improvement Program $3,400,000,000 0.17%
Public Housing Capital Fund $3,241,482,000 0.16%
State Children's Insurance Program $3,175,200,000 0.16%

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