Paul's Federal Budget Explorer version 2007 is up for those that want to explore how their tax bill is divided up.
Paul's random observations:
Games with the defense budget continue. Since the emergency funding for the wars has not yet happened, the budget continues to show a decrease over the current year, as it has for the past 3 years.
Medicare still up 9.3% overall, despite the cuts proposed, due to the prescription drug benefit. Medicare almost topped $400b.
Interest on the debt almost edged out all health spending at $243b.
Social security still the top category at $588b and growing at 5.5%.
For additional scrutiny, WashingtonPost.com's Froomkin has a roundup of articles pointing out the many fallacies in this year's budget.
Previously: Federal Budget Explorer 2005, California Budget Explorer 2004-05




