About the bar chart and the budget.
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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 2012 reports the final actual expenditures for FY2012. This chart shows that data. We are now in FY2013.Normally the chart also shows the proposed budget line for the next fiscal year, but there is no U. S. budget for FY2013 (wasn't one for 2011 or 2012 either). Watch closely ... may not have a budget for FY2014; it is up to Senator Reid. Instead of a budget, we have a series of "continuing resolutions", allowing Congress to continue spending without the guidelines of a budget. [The U. S. Constitution requires a Federal Budget. is our Supreme Law. Here it is for you to read.] The Congressional Budget Office reported on the Federal Debt and the Risk of a Financial Crisis in this report on the non-budget. - - - - - - - NDAC studies the Budget Proposals submitted to Congress each year by the President of the United States and the House of Representatives. One of the documents that goes along with the budget proposals, "Historical Tables", is published by the Office of Management and Budget (OMB). Our analysis is discussed on the home page of this web site. |
