Monday, April 10, 2017

US Budget and Debt

NASA receives $18 billion per year.
The Defense Department receives $540 billion.
https://www.cbo.gov/publication/52450

Federal debt held by the public is at 77% of GDP, the highest since after World War II.
https://www.cbo.gov/publication/52480

The US federal deficit for 2016 was $587 billion.
https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/52142-breakout-chapter1.pdf

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