The new budget projects spending $2.548 TRILLION just on MANDATORY programs like Social Security and Medicare. Another $426 billion will be necessary just to pay interest on the debt.
In total, this is over 99% of ALL the tax revenue the government collected in 2014.
In other words, they’ll spend nearly ALL of their current tax revenue before they write a single check for anything we think of as government (like the military, the IRS, or the light bill at the White House).
http://www.zerohedge.com/news/2015-02-04/heres-startling-fact-about-president-obamas-new-budget
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