Monday, December 3, 2012

Who's Not Bargaining in Good Faith? | RealClearPolitics

Who's Not Bargaining in Good Faith? | RealClearPolitics: In fiscal 2012, non-interest federal spending totaled $3.251 trillion. Of that, $762 billion went for Social Security, $469 billion for Medicare (insurance for the 65 and over population) and $251 billion for Medicaid (insurance for the poor -- two-thirds goes for long-term care for the aged and disabled). Altogether, that's 46 percent of non-interest spending. Defense, $651 billion and declining, was 20 percent.

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