Jump to content

File:Federal Spending - Cause of Change 2001 to 2009.png

Page contents not supported in other languages.
This is a file from the Wikimedia Commons
From Wikipedia, the free encyclopedia

Original file (960 × 720 pixels, file size: 21 KB, MIME type: image/png)

Summary

Description
English: United States Federal spending as % of GDP - Cause of change from 2001 to 2009

Sources

The U.S. federal budget was last balanced in FY2001. Spending was 18.2% of GDP. It has since risen to 24.7% of GDP, a change of 6.5%. The major change categories, according to the CBO historical tables:[1]

  • Medicare & Medicaid: +1.7% GDP. Increases were driven by demographic shifts of an aging population and annual healthcare cost increases in the 7-9% range.
  • Defense: +1.6% GDP. Increases were driven by a doubling of defense spending in dollar terms, for both the baseline defense budget and Iraq/Afghanistan Wars.[2]
  • Social Security: +0.6% GDP. Increases are driven by demographic shifts of an aging population creating more beneficiaries and annual cost of living adjustments.
  • Income Security: +1.4% GDP. This includes food stamps, unemployment compensation, foster care, other retirement and disability. This has increased significantly due to the subprime mortgage crisis.
  • Other: +1.2% GDP. This includes non-defense discretionary spending increases (e.g., Cabinet Departments) and other mandatory spending (e.g., stimulus, bailouts) due to the crisis.

References

  1. ↑ CBO-Historical Tables
  2. ↑ DOD-Defense Spending Trend Chart-May 2009
Date
Source Own work (Original caption: "
I (Farcaster (talk)) created this work entirely by myself using CBO data.
")
Author Farcaster at en.wikipedia

Licensing

Farcaster at en.wikipedia, the copyright holder of this work, hereby publishes it under the following licenses:
w:en:Creative Commons
attribution share alike
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license.
Attribution: Farcaster at en.wikipedia
You are free:
  • to share – to copy, distribute and transmit the work
  • to remix – to adapt the work
Under the following conditions:
  • attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  • share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.
GNU head Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts, and no Back-Cover Texts. A copy of the license is included in the section entitled GNU Free Documentation License.
You may select the license of your choice.

Original upload log

The original description page was here. All following user names refer to en.wikipedia.

Upload date | User | Bytes | Dimensions | Comment

  • 2010-11-15 17:59 (UTC) | Farcaster | 21825 (bytes) | 960×720 |
  • 2010-11-13 17:41 (UTC) | Farcaster | 11024 (bytes) | 960×720 | {{Information |Description = Federal spending as % GDP - Cause of change 2001 to 2009 |Source = I (~~~) created this work entirely by myself. |Date = ~~~~~ |Author = ~~~ |other_versions = }}

Captions

Add a one-line explanation of what this file represents

Items portrayed in this file

depicts

inception

13 November 2010

File history

Click on a date/time to view the file as it appeared at that time.

Date/TimeThumbnailDimensionsUserComment
current12:11, 16 November 2011Thumbnail for version as of 12:11, 16 November 2011960 × 720 (21 KB)SreeBot
12:11, 16 November 2011Thumbnail for version as of 12:11, 16 November 2011960 × 720 (11 KB)SreeBot(Original text) : {{Information |Description = Federal spending as % GDP - Cause of change 2001 to 2009 |Source = I (~~~) created this work entirely by myself. |Date = ~~~~~ |Author = ~~~ |other_versions = }}

Global file usage

The following other wikis use this file:

Metadata

This file contains additional information, probably added from the digital camera or scanner used to create or digitize it.

If the file has been modified from its original state, some details may not fully reflect the modified file.

Retrieved from "https://en.wikipedia.org/wiki/File:Federal_Spending_-_Cause_of_Change_2001_to_2009.png"