The bill would increase federal spending by $400 billion in the next 10 years.
As in the 1960's, federal spending now seems important for the nation's success.
In the first nine months of the year federal spending was up 5 percent.
In 1929, federal spending was 3 percent of national income.
And let me tell you, there's still more than enough Federal spending.
They now account for more than half of all Federal spending.
All this means $350 billion in new Federal spending from 1994 to 2000.
He said such a law would not mean additional Federal spending.
Even more important is the changing nature of Federal spending.
On education, he has promised to increase federal spending to $115 billion over 10 years.
Other federal expenditures are also likely to increase.
Figure 1 illustrates the reported and projected trends in certain federal expenditures, excluding interest on the public debt, for fiscal years 1980 through 2006.
And if we were paying for the organs, federal expenditures would go down.
These federal expenditures are then combined to determine the total amount expended during the year.
In 2011, discretionary spending totaled about $1.35 trillion, accounting for close to 40 percent of federal expenditures.
In 1953, federal expenditures for national defense totaled $49.4 billion as compared to $7.1 billion for the government's social programs.
He would like to see the national tax level decline, but only if federal expenditures are cut, and that means Social Security benefits.
Social security is the dominant expenditure of per dollar federal expenditures.
It resulted in an enormous spike in federal expenditures on pensions.
Prior to the Great Depression, nearly all federal expenditures were discretionary.