Observations about the budget and our chart.
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WE DON'T MAKE THIS DATA UP! IT COMES FROM THE U. S. TREASURY DEPARTMENT! NO ADJUSTMENTS. NDAC creates this bar chart using data published monthly by the Treasury Department. Specifically we get the data directly from the Department's own Monthly Treasury Statement and put it into a spreadsheet. We create the bar chart, then paste the chart directly into this web site. Separately, NDAC studies the Budget Proposal submitted to Congress each year by the President of the United States. One of the documents that goes along with the Budget Proposal, "Historical Tables", is published by the Office of Management and Budget (OMB). You can download your own copy directly from OMB. - - - - - - - We found a number of "strange" items in the 2011 Tables accompanying the Federal Budget proposal President Obama presented to Congress. Just for clarification: "entitlement" expenditures are spread out over several agencies, not just Health and Human Services. Agriculture Department administers "food stamps", HUD is all welfare, a significant portion of Education Department is free food, ... and NDAC still questions what is the sudden new big spending in Department of Labor? We started thinking, budget increases ... labor unions, teacher's unions ... just thinking ... |
*** Please note that Congress "deemed" the FY2011 budget (as part of the "War Supplement Bill"), meaning that the Presidential Budget Proposal for 2011 was completely thrown out By Congress, and we have no budget for 2011. What we have is essentially a "continuing resolution", meaning that Congress can continue spending without the guidelines of a budget.
AS of 11 July 2010, there are indications that President Obama may actually veto this bill.
go to National Debt Awareness Center web site.