In case you hadn’t seen it, Census has released the Consolidated Federal Funds Report for Fiscal Year 2004 (State and County Areas). Among the highlights (or lowlights) is this scary factoid: Social Security, Medicare and Medicaid account for more than $1 trillion of the $2.2 trillion the federal government spent in 2004. That’s nearly one-half of total federal spending. According to the press release, “the report also reveals expenditures for the Department of Homeland Security, the first full year that this data has been included, and the Defense Department. The data covers direct payments, grants, procurement awards, and salaries and wages, by federal agency and program, for state and county areas of the United States, including the District of Columbia and U.S. outlying areas.
If you want to browse, the actual report has a boatload of tables on federal spending by state, program, year, you name it. The accompanying database makes it easier to find specific info you may be looking for.
Other tidbits from the media tip sheet:
• The federal government spent $2.2 trillion in 2004, up 5 percent from 2003.
• Five states – California, New York, Texas, Florida and Pennsylvania – received one-third of all federal funds in 2004. At the county or county-equivalent level, New York City, N.Y., led the list of recipients, followed by Los Angeles County, Calif.; Cook County, Ill.; San Diego County, Calif.; and Maricopa County, Ariz.
• Defense Department spending was highest in the following five states: California, Virginia, Texas, Florida and Maryland.
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