Posts Tagged ‘discretionary spending’

  • Federal Budget spending categories

    A Speedy Summary of Spending in the US Federal Budget

    Jul 6, 14 • 454 Views • No Comments

    Right now, the Congress is supposedly debating the 2015 federal budget. Because the new fiscal year begins October 1, their deadline is September 30. But not really. 1996 was the last time the House and Senate punctually approved all necessary appropriations...  [read more]

  • everyday economics and college

    One Reason That $1.1 Trillion is Not So Much

    Jan 23, 14 • 909 Views • No Comments

    The Congress just agreed on $1.1 trillion in federal spending. But let’s look a bit more closely… Each year, I give my class a federal budget graph and ask them to identify the relative size of 17 main spending categories. Together, these 17...  [read more]

  • The Congress and the Deficit

    Big Bird’s Issues

    Oct 11, 12 • 308 Views • No Comments

    All the talk about Big Bird and federal funding is really about 2 much bigger issues. 1. Discretionary Spending With proposed spending in the Obama 2013 budget at 3.7 trillion dollars, a tiny proportion–between 1 and 2 percent, goes to the Corporation...  [read more]

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    A Tank of Gas

    Apr 27, 11 • 452 Views • No Comments

    A tank of gas is not just a tank of gas. Isn’t it a spending decision? The national average for a gallon of regular is close to $3.88 and higher in California. July 2008 was the last time we dealt with 4 dollar gas. One economist estimated that 4 dollar...  [read more]

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    A Budget Cut Mirage

    Feb 12, 11 • 278 Views • No Comments

    Reacting to concern about the federal deficit, the Republican leadership seems to be targeting $100 billion in discretionary spending cuts. Similarly, for his fiscal 2012 budget, President Obama recommends a 5-year freeze on non-security discretionary...  [read more]