Sunday, November 10, 2019

Federal Spending 2020


US Federal Revenue in FICA Social Security and Medicare payroll taxes totaled $1,295 trillion but paid out $1.691 trillion.  The Social Security Fund Balance is $2.9 trillion.

The OASDI trust funds had $2.8949 trillion dollars at the end of 2018 — 273% of estimated cost for 2019. Total expenditures for 2018 were $1.0002 trillion, and total income was $1,0034 trillion. Collectively, OASDI trust fund reserves will be depleted in 2035.

Medicare is funded primarily from general revenues (43 percent), payroll taxes (36 percent), and beneficiary premiums (15 percent)

US Mandatory Spending 2020
Social Security $984 billion
Medicare $707 billion
Medicaid $383 billion
Total       $2.074 trillion


US Discretionary Budget Request 2020
Military                              $750 billion
Veterans Affairs                  $93 billion
Health & Human Svcs.       $90 billion
Education                           $62 billion
Homeland Security             $52 billion
Housing & Urban Devel.     $44 billion
State Department               $43 billion
Energy                                 $32 billion
Justice                                 $29 billion
Transportation                     $21 billion
Agriculture                           $21 billion
Treasury                              $13 billion
Interior                                 $13 billion
Commerce                           $12 billion
Labor                                    $11 billion 
Total                                    $1.3 trillion


US Population of Groups 2019
US Poverty                         38.1 million
Welfare Immigrants            30.0 million
US Military Veterans          18.2 million
US LGBT (est.)                    9.0 million
US Job openings                 7.0 million
US American Indians           6.8 million
US Unemployed                   6.0 million
US Unemployed Teenagers 5.2 million
US Deaths per year             2.8 million
US Prison Population           2.3 million
US Homeless                        552,830
US Lumberjacks                    53,600
US Coal miners                     50,000             
US Commercial Fishermen   30,000 

Norb Leahy, Dunwoody GA Tea Party Leader


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