Federal Spending by the Numbers 2013

Federal Spending by the Numbers 2013:
"Where Did All the Money Go?
31 cents of every dollar Washington spent in 2012 was borrowed, resulting in a $1.1 trillion deficit.
45 percent, or almost half of all spending ,went toward paying for Social Security and health care entitlements (primarily Medicare and Medicaid).
In 2002, that was only 25 percent.
Without reform of these massive and growing programs, Washington will have to borrow increasing amounts of money, piling debt onto younger generations and putting the nation on a dangerous economic course.
Social Security is the largest federal spending program and has held this position since surpassing defense in 1993.
Medicare is one of the largest and fastest-growing programs in the entire federal budget.
The U.S. Postal Service has been losing money for several years and is drawing down reserves to cover losses. Congress should allow the USPS to restructure and meet the needs of today’s marketplace.
Otherwise, taxpayers will be on the hook when reserves run out.
Energy spending has exploded, yet the increases in oil and gas production have happened on state and private lands."