James Egan
to
Mary.matthews@tethysconsultants.com,marymmatthews@hotmail.com,fareedk@uga.edu
date
Mar 22, 2007 1:23 PM
subject
United States Budget Allocation
Hey guys,
just sending you an email from some of the research I did on the US budget.
Depending on what figures you want to use (all information gathered from http://www.whitehouse.gov/omb/budget/fy2008/summarytables.html) the Department of Defense is allocated anywhere from around 49%-56% of the federal discretionary budget.
However, if you look at the entire budget, which includes transfer payments (like social security, medicare, medicaid, etc.) and net interest payments, money spent on security/defense is only allocated 21.3%. I would argue that looking at the entire budge is a waste of time. No one (not event he president) can really reallocate money from transfer payment programs and net interest payments are mostly payments to treasury issued securities and off/on budget trust funds.
Basically, 50% of the money given to the president to distribute throughout the government is allocated to defense spending. Education on the other hand is only given 6.6%. My argument was, if some of the money from the department of defense was moved towards the department of education, our educational system could be reformed and equal or surpass education programs of competing industrial nations.
How that money should be spent? I would argue to give it straight to the educational programs of the individual states, because each area is so different, a national prescription is unrealistic. Will this ever happen? What will it take to happen? My skills for seeing the future only go so far.
another interesting thing I found out when I was researching, CIA, FBI, ATF, Coast Guard, Secret Service and a variety of other agencies I thought that were included in the Department of Defense are either their own department, or they are part of the Justice Department or the Homeland Security Department.
have a good weekend,
James
4 comments:
Interesting to know.
very interesting thanks for sharing
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