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kona
03-20-2019, 11:49 PM
Say the budget is 5 trillion (rounded for simplicity) and the deficit is estimated at 1 trillion. So taxes reportedly will cover 80% of spending.

I have a hard time believing 5T is all we're spending. Yes, it's monstrous, but I would not expect the off-budget spending to be anywhere near immaterial. No amount of hidden spending/printing would surprise me.

So if $5 trillion is the public budget, how high do you think the total budget is?
TheCount
03-21-2019, 04:45 AM
$5 trillion
Superfluous Man
03-21-2019, 06:22 AM
I would not expect the off-budget spending to be anywhere near immaterial. No amount of hidden spending/printing would surprise me.

What's an example of off-budget spending?
gaazn
03-21-2019, 07:03 AM
Does the federal government also have insurance like regular companies do, or do they not need it?
DamianTV
03-21-2019, 07:36 AM
What's an example of off-budget spending?

How about Area 51 before they let it go public?
jkr
03-21-2019, 07:45 AM
What's an example of off-budget spending?

iran-contra
oyarde
03-21-2019, 08:03 AM
Off budget spending should be run by independent slush funds for those agencies of ill repute and not be part of the regular budget so .......
Zippyjuan
03-21-2019, 12:49 PM
What's an example of off-budget spending?

The total budget includes "off budget" expenditures. They just hide exactly where that money is going.
shakey1
03-21-2019, 12:52 PM
Black budget?
nikcers
03-21-2019, 01:38 PM
Theres always money in the banana stand.
TheCount
03-21-2019, 05:30 PM
How about Area 51 before they let it go public?

DoD black budget. They call it something it's not or inflate numbers of other programs.
Swordsmyth
03-21-2019, 05:34 PM
I'm sure the CIA declares all of its drug money.................................
Stratovarious
03-21-2019, 05:39 PM
Does the federal government also have insurance like regular companies do, or do they not need it?

I believe we are insured by MIC inc.


Our Military Industrial Complex.


Rocket Launchers, Tanks, Wmds, Nuc Weapons.........
Stratovarious
03-21-2019, 05:41 PM
Does the federal government also have insurance like regular companies do, or do they not need it?


Lloyds is an example of the 'biggest' insurers in world, I don't think they are
big enough to insure the US, I think we are more or less 'self insured' .
Stratovarious
03-21-2019, 05:43 PM
I'm sure the CIA declares all of its drug money.................................
Afghanistan's Heroin Trade is also on the books I'm sure, an asset of monumental Credit.

:frog:

We would have to die though if we ever actually saw the 'real' ledger.