The budget in boxes
The New York Times had a wonderful budget graphic last week that did a nice job putting both the budget and the freeze into perspective. First, here's what our budget looks like, with each major category broken into its own box.
Now, here's what the budget looks like without so-called "mandatory spending," which the discretionary freeze doesn't touch.
The biggest box left is defense spending, which is exempted from the freeze. Then comes spending on veterans, which is also exempt. Leaving those two out, the big-ticket items are things like Section 8 housing vouchers and the National Institutes of Health. If you head over to the Times Web site, you can click on the boxes yourself to see what they are. There's not that much stuff you desperately want to cut.
In part, that's because this stuff gets cut more frequently anyway. The reason that mandatory spending and security spending are exempt is that the politics of cutting either are too difficult. But that's always true, which means there's a lot more ongoing scrutiny of these unprotected discretionary programs than of the protected programs, which is a good reason to think that they might be some of the less wasteful items in the federal budget.
Posted by: Mimikatz | February 8, 2010 2:09 PM | Report abuse
Posted by: billkarwin | February 8, 2010 2:48 PM | Report abuse
Posted by: lancediverson | February 8, 2010 2:55 PM | Report abuse
Posted by: Mimikatz | February 8, 2010 3:41 PM | Report abuse
Posted by: onewing1 | February 8, 2010 4:18 PM | Report abuse
Posted by: lancediverson | February 8, 2010 5:26 PM | Report abuse
Posted by: RobT1 | February 9, 2010 7:28 AM | Report abuse
Posted by: jamesoneill | February 9, 2010 9:17 AM | Report abuse
The comments to this entry are closed.