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News Ticker from FNC

Wednesday, September 19, 2012

Economic Education

1970______$10.1 billion
1980______$45.0 billion
1990______$95.7 billion
2000_____$232.6 billion
2010_____$558.8 billion
2011_____$569.4 billion
OMB, fiscal2012
(5500% increase!)
(doubled just from 2000-2011)

108,747,000 people living in households receiving entitlement money

$3.6 Trillion/year Spent by US Government
$2.5 Trillion/year Income by US Government (mostly in form of taxes)
$1.1 Trillion/year gap

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