The TRUTH SOURCE

Revealing relevant political and religious news, history, topics and truths

FISCAL BUDGET 2015 & NATIONAL DEBT

united-states-national-debt-1950-2014
FISCAL YEAR 2015 BUDGET of the U.S. Government

(OMB) Adjusted Baseline & NATIONAL DEBT

ITEM RECIEPTS OUTLAYS BALANCE
Appropriated Discretionary: $ 1.15 Trillion  
Defense:   $ 606 Billion  
D. of Defense   495.6 B  
Nat. Intell. Prog.   45.6 B  
 
Non-Defense:   $ 543 Billion  
D. Transportation   91 B  
D. H&HS   77.1 B  
  Includes $ 30.2 billion for NIH to support ‘RESEARCH’
  Includes $ 14.6 billion to ‘train new health care providers’
  Includes $  3.4 billion HIV/AIDS programs
  Includes $ 4.7 billion FDA programs
D. of Education   68.6 B  
D. of Veterans A   65.3 B $ 56 B for medical
D. Housing & UD   46.7 B  
  Includes $ 20 billion for Housing Choice Vouchers
  Includes $ 2.8 billion for Comm. Dev. Block Grants
  & $ 15 billion for Project Rebuild (blight neighborhoods)
D. of State & OIP   46.2 B  
  Almost all Overseas & Global; > $ 4 billion to UN
D. of Homeland S   38.2 B  
  Includes for over 25,700 Customs & Border officers
D. of Energy   27.9 B  
  Includes $ 11.7 billion for ‘nuclear security’
D. of Justice   27.4 B  
  Includes $ 8.4 billion for Fed. Prisons & Detention
D. of Agriculture   23.7 B  
NASA   17.5 B  
D. of Treasury   13.8 B  
D. of Interior   12 B  
D. of Labor   11.8 B  
  Pension PBGC is $ 36 billion in the negative & 16 states owe $ 21 billion to Fed. UI (Unemploy. Insur.)Trust Fund
D. of Commerce   8.8 B  
EPA   7.9 B  
Nat. Science Foun   7.3 B 7,900 grants
Corps of Eng.   4.5 B  
 
Mandatory:   $ 2.41 Trillion:  
Social Security   896 B  
Medicare   529 B  
Medicaid   331 B  
Other Mand.   659 B  
 
Net Interest   $  251 Billion  
 
Indiv. Income Tax $ 1.5 Trillion    
Corp. Income Tax $ 412 Billion    
Soc. Sec. Payroll T $ 756 Billion    
Medicare P. Taxes $ 231 Billion    
Unemploy. Insur. $ 59 Billion    
Excise Taxes $ 99 Billion    
Estate Taxes $ 18 Billion    
Customs Duties $ 38 Billion    
Fed. Res. Sys.

Dep. of Earnings

$ 88 Billion

Profits to Treas.

$ 3.2 B in salaries & benefits 550 million shares

Assets > $ 4 Tril.

    (non) Federal

Reserve

System

Assets: 2003 < $ 800 Billion; 2016 > $ 4.4 Trillion

FRS States 2015 assets: $ 2.4 T+ 1.9 T Claims + 713 B Cash

Liabilities: $ 2.3 Trillion (traditional) + $ 2 Source Base

  3.25 Trillion 3.81 Trillion – 561 Deficit
Federal Debt issued by Treasury Dec. 2014 $ 18.1 Trillion
U.S. National Debt Dec. 15, 2015 $ 18.8 Trillion
GDP = $ 17.8 Trillion Public held Debt = $ 13.1 T; 74% GDP
Who Owns U.S. Debt?  Dec. 2015: Fed. Res. 13% ($ 2.46 Trillion);

Foreign ($ 6.2 Trillion): China 8%; Japan 7%; Other foreign nations 19%;

Mutual Funds 6% ($ 1.06 Trillion); State & Local Govern.  4% ($ 803 Billion); Soc. Sec. Funds 16% (Soc. Sec. Trust Fund – $ 2.8 Trillion); OPM Ret. $ 873 B; Other Fed. Gov. 8%; Other 20% (Military Retirement Fund $ 601 Billion); Medicare Trust $ 267 Billion; Banks $ 515 Billion; Insurance Co. $ 293 Billion.

NATIONAL DEBT:

Barack Obama’s Admin: increased Nat. Debt from $ 10 Trillion to $ 18.8 T.

George W. Bush Admin: increased Nat. Debt from $ 5.7 T to 10 Trillion.

W.J. ‘Bill’ Clinton Admin: increased Nat. Debt from $ 4 T to $ 5.7 Trillion

George HW Bush Admin: increased Nat. Debt from $ $ 2.6 to $ 4 Trillion

Ronald Reagan Admin: increased Nat. Debt from $ 908 Billion to $ 2.6 Tril.

After reduced Income Taxes from 1981 to 2016 about $ 18 Trillion more Debt

Reagan-Obama (5 Presidents); 1981 $ 907 Billion to mid-2016 $ 19.2 Trillion

Obama (1 President) increase nearly = ALL other 43 presidents.

 

1789 George Washington $ 65 Million to 1835 Andrew Jackson $ 33,733

1789/1835 to 1860 $ 65 Million to 1861 Civil War (A. Lincoln) $ 90.5 Million

Civil War (1861-1865 + reconstruction) 1865: $ 2.7 Billion to 1870 $ 2.5 Billion

1890: $ 1.5 Billion to WWI/Fed.Res./Income Tax 1913 $ 2.9; 1919 $ 27 Billion

Nat. Debt: 1789 George Washington to Federal Reserve 1913: $ 2.8 B increase

Woodrow Wilson Admin: (1913-1920) increased Nat. Debt from $ 2.8B to 26B

1930: $ 16 Billion to post-WWII 1946: $ 269 Billion  (United Nations 1945)

Nat. Debt: 1789 George Washington to United Nations 1945: $ 258 B increase

Franklin D. Roosevelt Admin: increased Nat. Debt from $ 19.5 B to $ 201 Billion

Vietnam 1955: $ 274 Billion to 1975, $ 533 Billion

James Carter Admin: increased from $ 620 B (1977) to $ 907 Billion (1980)

Washington to Carter (1789-1980; 39 Presidents) increased to $ 907 Billion

%d bloggers like this: