Government spending

1. Government Spending Momo Nguyen

2. What it is? Government Spending: Government speding is what the government is consuming and investing on. : Basicly to put it in simplest form were a “Insurance Company with a Big Army ”

3. What we Spend it on (Federal) $716 billion for Military Strength(which accounted for 40% of all the world`s military spending 5 times more than China which has the second best army after us That’s about 20% of all the federal spending from america Most of the rest went to help fix are debt

4. What we spend it on (non-Federal) Insurance=“Core Business” 65% of federal non-interest spending went to health care, income security and pension programs . Most went to Social Security, Medicare and Medicaid. Altogether, in 2012 the federal government spent some $2.3 trillion on what amounts to a gigantic social safety net thats 15% of GDP . 65+20 % = 15% percent of money left to help spend on  discretionary functions of the federal government, like running the judicial system, building infrastructure, financing education, and so on."