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Deficit grew by $181 billion in July
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<blockquote data-quote="av8torntn" data-source="post: 580220" data-attributes="member: 8259"><p>At least that is a drop in the bucket compared to social programs.</p><p></p><p>Just for the year of 2008.</p><p></p><p>$608 billion (+4.5%) - <u><span style="color: #0000ff">Social Security</span></u></p><p>$386 billion (+5.2%) - <u><span style="color: #0000ff">Medicare</span></u></p><p>$209 billion (+5.6%) - <u><span style="color: #0000ff">Medicaid</span></u> and the <u><span style="color: #0000ff">State Children's Health Insurance Program</span></u> (SCHIP)</p><p>$324 billion (+1.8%) - Unemployment/Welfare/Other mandatory spending</p><p>$261 billion (+9.2%) - Interest on National Debt</p></blockquote><p></p>
[QUOTE="av8torntn, post: 580220, member: 8259"] At least that is a drop in the bucket compared to social programs. Just for the year of 2008. $608 billion (+4.5%) - [U][COLOR=#0000ff]Social Security[/COLOR][/U] $386 billion (+5.2%) - [U][COLOR=#0000ff]Medicare[/COLOR][/U] $209 billion (+5.6%) - [U][COLOR=#0000ff]Medicaid[/COLOR][/U] and the [U][COLOR=#0000ff]State Children's Health Insurance Program[/COLOR][/U] (SCHIP) $324 billion (+1.8%) - Unemployment/Welfare/Other mandatory spending $261 billion (+9.2%) - Interest on National Debt [/QUOTE]
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Deficit grew by $181 billion in July
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