This much is certain, military 24% is sacrosanct, social security and attached (35%) is an entitlement for which the beneficiaries have paid, so it can't be touched. Pensions (23%) can't be touched either. If we then add the interest for the national debt we have almost achieved 100% of the tax revenue. But we are only at 82% of the budget. There are still 18% that needs new debt. And that only if the interest stays at this historical low (which it will not, sooner or later investors will want some return on capital). Because if the interest on the debt should only go up 1% I am afraid that there will be 40% that needs new debt.
Why is the military's budget sacrosanct?
According to your figures Welfare, Education, pay for Federal workers (including the Congress and the President, VP, all staffers, and everyone else that works for the Fed), EPA, FEMA, CIA, NSA, FBI, and the myriad other agencies only consume 18% of federal revenues. I think I need a link for your numbers.
Edited by Bama13, 10 July 2012 - 02:51 PM.