Friday, January 25, 2013

The Federal Pie Chart

The Federal Pie Chart: "Federal Funds vs. Unified Budget. WRL uses "federal funds" rather than the "unified budget" figures that the government prefers. Federal funds exclude trust fund money (e.g., social security), which is raised separately (e.g., the FICA and Medicare deductions in paychecks) and is specifically ear-marked for particular programs. By combining trust funds with federal funds, the percentage of spending on the military appears smaller, a deceptive practice first used by the government in the late 1960s as the Vietnam War became more and more unpopular."

'via Blog this'

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