The Truth Behind the Federal Budget

Center for American Progress Senior Fellow Scott Lilly explains the pomp and ceremony around the release of the President's budget obscures the real budget process, which begins several weeks later when federal agencies send their budget needs to Congress.

WWW.AMERICANPROGRESS.ORG

Category:

News & Politics

Tags:

• budget
• state
• union
• congress
• seeprogress
• politics
• federal
• money
• president
• bush
• democrat
• republican

[spamvigilante]

@lawfour Obviously you were not a major in mathematics. One billion dollars divided by 150 million is $6.67, not $1 million.

And where did you get your assumption that only 150 million Americans pay taxes?

Thanks for trying, but next time please pay attention to fact and reality.

[lawfour]

yeap, I was way off LOL

[eXcommunicate1979]

lol, check your math

[thinazzabird]

US federal budget, 2009 - $3.10 Trillion US budget, 2008 - $2.90 T US budget, 2007 - $2.77 T US budget, 2006 - $2.7 T US budget, 2005 - $2.4 T US budget, 2004 - $2.3 T US budget, 2003 - $2.2 T US budget, 2002 - $2.0 T (submitted 2001 by President Bush) US budget, 2001 - $1.9 T (submitted 2000 by President Clinton) US budget, 2000 - $1.8 T  US budget, 1999 - $1.7 T US budget, 1998 - $1.7 T US budget, 1997 - $1.6 T US budget, 1996 - $1.6 T

[lawfour]

I believe the last

taxcut we receive I got $300 and that was years ago and they didnt want to give that because they said it would

cost too much. I like to know what the cost is to give taxcuts because I see it as a simple task.

Thanks

[lawfour]

I was wondering why it is so hard to give a taxcut to everyone. this is hopefullt only a 2 part post.

Example: lets say 250-270 million american citizens are in this country. Of that 150 million pay taxes, if

1 billion was put aside for tax cut could each taxpayer get 1 million dollars. I am not saying that should

happen but could it, I am just trying to understand why it is so hard to give taxcuts.

[Bullettube]

Important but boring.

You need some hip-hop music and a few sexyy girls doing the hula while some kool kid sings the blues about our fabulous government budget.

[dreamness1]

excellent.