US Nominal GDP is $27.938831 trillion. Government consumption is $4.856757 trillion. The Private Sector economy nominal GDP is $23.082074 trillion. The National Debt Clock is $34.490 trillion. The US Debt to GDP is 127%.
In
2023 US Government revenue was $4.641 and spending was $6.013.
In
2024 US Government revenue is expected to be $4.8278 trillion with spending at
$6.1868 trillion.
https://www.presidency.ucsb.edu/statistics/data/federal-budget-receipts-and-outlays
In
2021 State and Local government revenue was $4.1 trillion.
In 2020, State and Local government revenue was $3.6 trillion.
26% of State and Local government revenue is provided by Federal Grants to State and Local governments. They have strings attached. They are for unnecessary things like 12 foot multi-use paths, green space, bike lanes, public transit and other “low-utilization” fads and frills. They usually require additional local taxes to pay for Bonds that fund these fads. Voters usually vote against these Bonds.
State and Local government spending has more than doubled over the past 17 years from 2004 to 2001.
Expense
Item $ 2004 $ 2021
Education 429B 786B
Welfare 339B 876B
Hospitals 40B 109B
Health 50B 92B
Highways 86B 150B
Police 11B 22B
Prisons 39B 60B
Natural
Res 19B 28B
Parks
Rec 6B 8B
Gov
Admin 45B 82B
Interest 33B
43B
Utilities 22B 47B
Liquor
Stores 4B 9B
Insurance 171B
472B
Other 112B 203B
Totals 1.406T 2.987T
Comments
Costs can be reduced by eliminating interest, liquor stores and other. Muni-Bonds should be replace by “accrual” and government owned buildings should be maintained for 100 years, not replaced every 20 years.
There is no category for road maintenance unless it is buried in Highways. There is no category for storm water sewers, regular sewers and water treatment unless it is buried in Utilities.
School Taxes should go to wherever students go to school. We need Vouchers to let parents choose what schools they attend. Home-School parents should not be required to pay public school taxes.
Parks and Recreation should be funded by users. Welfare should be provided by families. Hospitals should be provided by churches and charitable organizations.
Local Government should focus on the expensive infrastructure like roads, highways, sewers, and water treatment.
Natural resources that are owned by the government and are useful should be sold should be sold to US citizens or US businesses and returned to the private sector and put on the tax roles.
Education costs almost doubled while education results plummeted from 2004 to 2021.
I
found no current data to report expenditures for 2022 and 2023, because it is
too embarrassing for government and their media to provide.
State Legislatures are responsible for these expenses. They are more interested in being re-elected than in solving problems or automating to increase productivity.
Norb Leahy, Dunwoody GA Tea Party Leader
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