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USA Inc. Next 80 Years (1931-2010) = Era of Expansion
Defense Down to 20% of Spending; Social Security + Healthcare Up to 44% in F2010

USA Inc.’s Budget Outlays For the Next 78 Years (1931-2010)²

1931 ... 1940 ... 1950 ... 1960 ... 1970 ... 1980 ... 1990 ... 2000 ... 2010
Total Federal Government Outlays ($B) $4 $9 $43 $92 $196 $591 $1,253 $1,789 $3,456

Defense $1 $2 $14 $48 $82 $134 $299 $294 $694
% of Total Outlays 23% 20% 32% 52% 42% 23% 24% 16% 20%

Interest on the Public Debt $1 $1 $5 $7 $14 $53 $184 $223 $196
% of Total Outlays 17% 11% 11% 8% 7% 9% 15% 12% 6%

Retirement & Disability Insurance $0 $0 $1 $12 $30 $119 $249 $409 $707
% of Total Outlays 0% 0% 2% 13% 15% 20% 20% 23% 20%

Healthcare $0 $0 $0 $1 $12 $55 $156 $352 $821
% of Total Outlays 0% 1% 1% 1% 6% 9% 12% 20% 24%

Physical Resources (Energy / Housing...) $0 $2 $4 $8 $16 $66 $126 $85 $89
% of Total Outlays 5% 26% 9% 9% 8% 11% 10% 5% 3%

Other $2 $4 $19 $17 $42 $165 $239 $426 $950
% of Total Outlays 55% 42% 45% 18% 21% 28% 19% 24% 27%

Note: Data is rounded and not adjusted for inflation. Physical resources include energy, natural resources, commerce & housing credit, transportation infrastructure, community and regional development. Other includes international affairs, agriculture, administration of justice, general government, education and veterans' benefits and services. Source: 1931-1939 data per Census Bureau, "Historical Statistics of the United States, Colonial Times to 1970." 1940-2010 data per White House OMB.
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USA Inc. "Business Line" Extensions: 1930 – 2010

"Business Line" Extensions F2010 Expense ($B) Agencies / Programs Created (Year) Goals

1970's Energy Policy $12 Department of Energy (1977) Establish the Strategic Petroleum Reserve / mandate automobile fuel efficiency standards & temporary oil price control

Community Development 13 Community Development Block Grant* (1974) Provide federal grants to local governments for projects like parking lots / museums / street repairs

1960's Healthcare 724 Medicare / Medicaid (1965) Provide medical insurance program for the elderly (Medicare) and welfare program for low-income population (Medicaid)

1950's Education 97 Federal Subsidies for K-12 & Higher Education (1965) Provide federal subsidies for student loans / school libraries / teacher training / research / textbooks and other items.

1940's Housing 36 Federal Housing Administration (1937) / Fannie Mae (1938) Reduce cost of mortgages and spur home building / purchasing by offering federal mortgage insurance and create secondary market for mortgage loans.

Welfare 28 Aid to Dependent Children (1935) Provide cash assistance to low-income families with children. Replaced by Temporary Assistance for Needy Families program in 1996

1930's Retirement 584** Social Security (1935) Provide retirement income to the elderly

TOTAL $1.5 Trillion Or 10% of F2010 GDP / 69% of USA Inc.’s Revenue / 43 of Expense

Note: *Community Development Block Grant was an effort to consolidate various pre-existing categorical community development programs that started with "urban renewal" in the 1950's. **Social Security's F2010 expense excludes ~$123B payments to disabled workers via Disability Insurance program (created in 1956). Source: CATO Institute, White House OMB.
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