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08-14-2012, 02:22 PM #20Legendary RSR Poster
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Re: Paul Ryan VP announcement imminent
And here is where I stopped reading.
The last true budget was in 2010, thanks to all the extensions.
Spending on defense was at $663.7 billion.
Social programs eclipsed that. Money spent on Social Security $695 billion, unemployment and welfare was $571 billion, medicare was $453 billion and medicaid was $290 billion. That's a total of just over $2 Trillion on social programs.
That means military spending is just over a quarter of what's spent on social programs. If you want to cut spending, you start with entitlements and Ryan's plan reforms much of that spending.
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