
Subject: 92 BUDGET FEDERAL PRIORITIES
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 Written: 4:44 am Apr 12, 1991 by fcnl in cdp:fcnl.updates


     SPENDING PRIORITIES IN THE ADMINISTRATION PROPOSED FEDERAL BUDGET
     for fiscal year '92 (October 1, 1991 through September 30, 1992)

          (Table to support "calendar" graphic ["pie chart"] in
                 FCNL's February-March 1991 Newsletter)

                                                  FY92         % of
                                                Proposed     Federal
                                                  Funds
                                            (in $ millions)
 
 CURRENT MILITARY SPENDING                     294,399.151    25.8%
 
 TOTAL COST OF PAST WARS                       209,411.387    18.3%
 
 NON-MILITARY RELATED INTEREST                 126,759.029    11.1%
 
 INTERNATIONAL RELATIONS                        30,314.077     2.6%
 
 ANTI-POVERTY PROGRAMS                         175,073.163    15.3%
 
 SOCIAL PROGRAMS                                84,721.612     7.4%
 
 COMMUNITY AND REGIONAL DEVELOPMENT             62,474.224     5.5%
 
 SCIENCE AND THE ENVIRONMENT                    36,100.454     3.2%
 
 FED. EMPLOYEE RETIREMENT & BENEFIT             43,866.042     3.8%
 
 MISCELLANEOUS GOVERNMENT PROGRAMS              85,069.702
 less unallocated receipts:                        -85.000
                                                -2,687.000
 Pmt. to soc. sec. (off budget)                 -1,190.731
 Gov't. programs, net                           81,106.971     7.1%
                                            ---------------  -------
 BUDGET TOTALS                               1,144,602.462   100.0%
 
 
 Notes:
 Total, military-related                       504,186.890    44.0%
 Military-related interest(1)                  177,219.458    15.5%
 Total Interest:                               303,978.487    26.6%
 
 
   (1)Military-Related Interest: We calculate that 58.3% of the interest 
paid on the federal debt is due to debts that were incurred to pay for wars.
 
   What's in these categories? Spending categories are not exactly the same 
as those that appear as "functions" in President Bush's budget. For example, 
the president does include foreign military assistance as a military 
expenditure; FCNL does.
 
   FCNL also draws out a separate category of programs that are specifically 
designed to assist low-income people, distinguishing these programs from 
other development and social programs that are intended to benefit society 
in general.
 
   For an itemized list of all the programs included in each category, 
request FCNL Document G-113 (8 pages).
 
   In 1972, the Joint Congressional Economic Committee estimated the 
national debt as 75% war-created due to World War II and the Korean and 
Indochina wars. In 1977, FCNL recalculated the percentage of the debt 
attributed to military- related spending. It was then two-thirds. In 
February 1989, we recalculated the amount, based on the recent large deficit 
years when military-related spending has run about half the federal funds 
budget, and found it to be 58.3%. Based on this calculation, more than 2.3 
trillion dollars of the 4 trillion dollar federal debt is war-related.
 
   Friends Committee on National Legislation
   245 Second Street, NE., Washington, DC 20002
   (202) 547-6000 FAX (202) 547-6019
 
   For a copy of the February/March Newsletter send your request with a 
self-addressed stamped envelope.

 
   End of text from cdp:fcnl.updates
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