How much did the dot spend in 2016?
How much did the dot spend in 2016?
$94.7 billion
The President’s Fiscal Year 2016 Budget provides a total of $94.7 billion in discretionary and mandatory funding in 2016 for the Department of Transportation to support infrastructure projects critical for long-term growth; improve America’s roads, bridges, transit systems, railways, and aviation systems; enhance …
What was the biggest expenditure from the federal government in the USA in 2016?
Social Security – $910 billion spent out of $938 billion budgeted. Payroll taxes fund 100 percent of the cost. Medicare – $588 billion, slightly over the $583 billion that was budgeted. Payroll taxes and premiums fund 57 percent of the cost.
How much money was allocated to the defense wide in the 2015 budget?
$560.4 billion
The Obama Administration’s fiscal year (FY) 2015 budget requests a total of $560.4 billion in funding for the Department of Defense (DoD), including $495.6 billion in the base discretionary budget, $6.2 billion in mandatory funding, and $58.6 billion in supplemental funding for Overseas Contingency Operations (OCO).
How much did the US spend in 2016?
2016 United States federal budget
| Submitted | February 2, 2015 |
|---|---|
| Submitted to | 114th Congress |
| Total revenue | $3.525 trillion (requested) $3.268 trillion (actual) 17.8% of GDP |
| Total expenditures | $3.999 trillion (requested) $3.853 trillion (actual) 20.9% of GDP |
| Deficit | $474 billion (requested) $585 billion (actual) 3.2% of GDP |
Which portion of US government spending took out the largest percentage of the 2016 budget?
President’s Proposed 2016 Budget: Total Spending Social Security and labor, Medicare and health programs, and military spending will make up 76 percent of the total budget, leaving just 24 percent, or $957 billion of the $4.1 trillion total, to spend on all other programs.
What percentage of the US budget goes to military?
The United States spent $754 billion on national defense during fiscal year (FY) 2021 according to the Office of Management and Budget, which amounted to 11 percent of federal spending; that percentage was lower than the 15 percent of the budget spent on defense in the four years before the pandemic.
How much did the US government pay for the Covid vaccine?
Most recently the Congressional Budget Office estimated that the Biomedical Research and Development Authority (BARDA) alone has spent $19.3 billion on COVID-19 vaccine development. In addition, Lisa Cornish projected $39.5 billion in US spending.
