The late senator Daniel Patrick Moynihan supported sending people statements of what was in their social security. His idea was that if people never saw what was in there, they'd never miss it when it was gone. I think this is a logical extension of that idea, and its great. I'd also like to see the flip side of the receipt contain a guess for how the same tax amount would break down the following year based on curre…
It's definitely a great idea, given that members of both major political parties are absolutely loathe to touch the biggest sources of government expenditure: old person benefits (social security + medicare), and the military. Medical services for the poor (medicaid) are comparatively minor, but you wouldn't know it, given how much emphasis the Republicans place on the question of the "welfare state". With greater pu…
I'm not sure I'd describe medicaid as "comparatively minor". Medicare is $390B, medicaid $247B ($290B including the state contributions). I guess the threshold for expenses that don't matter must bet somewhere between $290B and $390B.
http://usgovernmentspending.com/year2008_US.html#usgs30210
(Use the dropdown to select year=2008, the last year for which full data is available.)
[edit: curious why I'm being downmodded. Is posting the actual numbers so detrimental to the conversation?
edit 2: put in the federal-only numbers, thanks jbooth for pointing that out. ]