Federal Spending

In this joyous season of fights over cutting federal spending, I merely note the following.

  • U.S. Population: 307,000,000
  • Federal Spending: $3.55 trillion
  • Federal Spending per person: $11,564
  • Federal Spending for a family of four: $46,254
  • U.S. Median Household Income: $49,777

So, before factoring in state income taxes, local income taxes, property taxes, sales taxes, excise taxes, etc., the federal government is spending nearly the median household income all by itself.  The current proposal to cut $100 billion is pissing in the wind.

Any questions?

Update: fixed the rather important typo.

2 Responses

  1. Federal spending: that’s Trillion, with a “T”. Or about 3,550 billions. The proposal of 100 billion in cuts is about 2.8% of the total. Or, to put it another way, less than inflation would cut the debt anyway.

  2. Oops. Yeah, that’s a pretty important typo. Thanks.

    Cut, baby, cut!

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