About the bar chart and the U.S. Federal Budget.

Bar Chart Data Source: Monthly Treasury Statement (MTS) published by the U. S. Treasury Department. WE DON'T MAKE THIS UP! IT COMES FROM THE U. S. GOVERNMENT! NO ADJUSTMENTS.

The MTS published in October, reports the final actual expenditures for the previous FY. This chart shows FY2014 actual spending data. Here is the link to download your own copy from the Treasury Department web site.

The chart normally shows the proposed budget line for the next fiscal year (FY2015 started 1 October 2014), but Congress has not passed a Federal Budget for several years; we're still using continuing resolutions (CR) to fund the federal government. That may be about to change. The GOP majority Congress is creating an actual Federal Budget for FY2016.

Congress has completed the first step of the Federal Budget process for FY2016. The U.S. House of Representatives passed a Federal Budget proposal for FY2016, on 24 February 2015. The next step is for the U.S. Senate to pass their Federal Budget proposal. President Obama has already submitted his FY2016 Budget Proposal to Congress.

Here are some highlights of the President's proposal: mainly HUGE tax increases!

The Congressional Budget Office reported on the Federal Debt and the Risk of a Financial Crisis in this report on the non-budget.

NDAC Challenge: Look at the bar chart to find items that are growing and items that are being reduced. Example: One of the largest growth departments is at the Department of Agriculture; it handles Food Stamps (SNAP). You pay taxes, your money is paying for food stamps.

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Here is a MUST SEE ... The Budget in Pictures!

NDAC studies the Budget Proposals submitted to the U.S. Senate each year by the President of the United States and by the House of Representatives. The budget submissions include Budget Historical Tables published by OMB. Expenditures are shown in Table 4.1, scroll way right to find current years actuals and estimates. Our analysis is discussed on the home page of this web site.

go to National Debt Awareness Center web site.