I came across a great image from the NYTimes about last years federal budget in comparison to the planned spending for 2009, already set up by the bush administration. The article was originally published September 28th 2008. It mistakenly lists the federal deficit at 5.4 trillion. A correction was released a week later, stating the actual deficit at 9.6 trillion. That’s quite a typo.
The Red Columns represent the proposed ‘bailout funds’ to be allocated for the 2009 budget, addressing problems such as AIG, the Auto industry, the Financial system, and the mortgage crisis.
The Green columns represent the yearly spending in 2008 for things like social security, medicade, tax rebates and the previously named ‘war on terror’.
The ghosted columns represent how much further in debt the country became in 2008, and how much we lost on import taxes by foreign companies finding loopholes.
I am interested to see what this years chart looks like. This graphic was of epic size already. Something like 1260×1681 pixels. Click image to see it full size. You will need to zoom in as well. To zoom, hold down the CTRL and scroll the wheel on your mouse. If your mouse doesn’t have a wheel then your on your own.