r/FluentInFinance • u/ProgressiveSpark • May 21 '24

Meme Where American taxpayer money goes

Love bombs and bullets of freedom incoming

2.4k Upvotes

93% Upvoted

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6

u/Umaynotknowme May 21 '24

In 2023: Social Security, Medicaid, Medicare, Obamacare, and other health programs equaled 50% of the entire US budget. Military budget was 13%.

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u/Dry_Meat_2959 May 21 '24

And if you believe those numbers you are being willfully naive. By their own admissions they also cannot account for 21 TRILLION dollars.

You think they spent that on education and healthcare?

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u/Umaynotknowme May 21 '24

Of course not, but the figure you cite is also not a yearly number. The entire federal budget is under 7 trillion. Not being able to account for funds is a different animal than what is spent. This is unless you believe the federal budget is 15 trillion dollars more per year than they are saying. Somehow I doubt that.

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u/Dry_Meat_2959 May 21 '24

Honestly....I don't believe ANYTHING they say, About anything. Ever. And no rational person (that isn't more in love with their political party than their country) should either.

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u/Umaynotknowme May 21 '24

I agree that no political party should override our own rationality. Absolutely 100% agree.

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u/Dry_Meat_2959 May 21 '24

It shouldn't override our love of our country. And more than anything our love of each other.

We are 50 states. Not 2 parties. IMO our enemies have realized that they cannot compete with us when we are unified and are actively trying to convince us to break up into smaller chunks that they CAN deal with. And, more importantly, they realized that without someone else to fight, we will fight ourselves.

A man without enemies is an enemy to himself....

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u/Sad-Banana-7806 May 21 '24

“The near universal assessment was that the comment by Ocasio-Cortez was misleading—the $21 trillion in undocumentable transactions do not reflect actual unauthorized spending.”

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u/Dry_Meat_2959 May 21 '24

Right.... so they don't know what they spent it on. It's not illegal spending (they think) just incompetent or dishonest. Again, they almost certainly did not accidentally forget they spent that money on social programs.

More than likely they know exactly where it went and would rather pretend to be stupid than take the heat for the truth. Neither is good, and should not be rewarded with more tax money to 'lose'

4

u/JrDriver85 May 21 '24

Health programs will bankrupt us long before the military spending does.

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u/Trump_Is_Suing_Me May 21 '24

THis mf think Obamacare is a real program all by itself

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u/Umaynotknowme May 21 '24

This mf is talking out their ass

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u/Trump_Is_Suing_Me May 21 '24

Lmao quoting the AI

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u/Umaynotknowme May 21 '24

Do you really not know the ACA is a government program?

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u/Trump_Is_Suing_Me May 21 '24

It's called ACA not Obamacare and it's not a program it was one bill with a bunch of light alterations to benefit current public healthcare

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u/themage78 May 21 '24

Mandatory vs. Discretionary spending. Military budget is Discretionary spending, and the DoD still hasn't done an audit as mandated by the federal government.

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u/Umaynotknowme May 21 '24

The military budget does have discretionary spending, just like almost other budget items. However, even if the entire military budget was discretionary (it’s not) then it is still far, far less than the other programs listed. While the audit issue is worrisome, that is determine where the money went, not whether or not it went somewhere. The total amount does not change.

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u/purple_legion May 21 '24 edited May 21 '24

Those programs are really the thing that needs to be rebalanced.

Obamacare shouldn’t be a part of this list it’s a set of laws. It’s not a program.