The 2008 federal spending budget is a 7% increase over last year. Below are some of the expenditures by category:
Consumer & Occupational Health & Safety – $3.1 billion
Federal Prison System – $6.2 billion
Disaster Relief & Insurance – $12 billion
International Development & Aid – $14.3 billion
National Institutes of Health – $28.6 billion
Food & Nutrition Assistance – $60.2 billion
Homeland Security – $64.9 billion
Medicare – $396 billion
Military – $583 billion
Social Security – $615 billion
Above figures courtesy of Parade.com.
Filed under: Taxes