2005 Federal Budget

2005 Federal Budget

The United States Federal Budget For Fiscal Year 2005

The total federal outlays in 2005 are just over $2.1 trillion dollars. Almost half of all federal spending goes to the military.[i]

Legend:

Current Military, $536B: Military Personnel $109B, Operation and Maintenance $164B, Procurement $67B, Research and Development $66B, Construction $6B, Family Housing $4B, Retired Pay $44B, Department of Energy Nuclear Weapons $17B, 50% NASA $8B, International Security $8B, 50% Homeland Security $16B, and Miscellaneous $16B.

Iraq & Afghan Wars Supplemental Costs, $130B: Though the cost of the Iraq and Afghanistan wars is not included in the President’s budget, it is included here because the Administration requested supplemental funding of $50B in November 2004 and $80B in January 2005.

Past Military, $349B: Veterans’ Benefits $69B; and Interest on National Debt (80% estimated to be created by military spending) $280B.

Human Resources, $633B: Education, Health/Human Services, HUD, Food/Nutrition programs, Labor Department, and Social Security Administration.

General Government, $244B: Legislative, Justice Department, State Department, International Affairs, Treasury, Government Personnel, 20% interest on national debt, 50% of NASA, 25% and Homeland Security.

Physical Resources, $114B: Agriculture, Commerce, Energy, Interior Department, Transportation, Environmental Protection, Army Corps Engineers, NSF, FCC, and 25% Homeland Security.

Note: Foreign Aid is not shown as it is less than 1% of the Federal Budget. A study by the University of Maryland showed that most Americans incorrectly think about 24% of the annual budget, more than 24 times the actual figure, goes to foreign aid.[ii]

Sources:

[i] Ed Hedemann, War Tax Resistance (New York, New York: War Resisters League, 2004). Additional information on the above spending allocation is available on the Internet at http://www.warresisters.org/piechart.htm.

[ii] Council on Foreign Relations, “Terrorism Questions & Answers: Foreign Aid,” 2001. Available on the Internet at http://www.terrorismanswers.com/policy/foreignaid.html#Q4.

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