Government Spending Since 1962

Here is an interesting chart showing how the federal government has spent money since 1962, courtesy of the New York Times “Economix” blog: 

Source: Office of Management and Budget. Numbers for 2010 and beyond are projections. Data do not include undistributed offsetting receipts.

Notice the decrease in defense/military spending and increase in the spending on Health and Human Services. Keep that in mind the next time someone says our debt is solely because of military spending or that our government spends more money on wars than it does promoting the welfare of individual citizens.

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