Debt Monster Set to Devour U.S. Economy - Eric Margolis, HuffPost
The U.S. National Priorities Project estimates that in 2011, out of one dollar of U.S. federal spending, 27.4% is military; 21.5% health; 13.8% interest on the debt; 10.9% social security; benefits; 3.5% education; and 23% on everything else. The U.S. spends $450 billion annually to finance its ever-growing deficits.
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