Misplaced Government Spending Essay

As citizens of the United States of America we must pay taxes to the government. The government takes these taxes and distributes them among different areas to fund each are; one of the highest percentages of spending goes to defense. The whopping amount of around 610 billion dollars makes the United States’ military the largest in the world, so large that its funding out-weighs the next seven highest spending countries. The problem with this is that the military does not really solve the large amount of very important domestic affairs; in fact we barely see the fruits of it. There are many reasons why we should cut down on the percentage spent on defense and focus more on other areas.

The United States has many conflicts, one of them is funding on public education. Despite the fact that funding on public education will not help students succeed academically with the money provided to the schools, every school deserves to get as much money because students will receive more proper education and will be more successful students in the future.

The federal government has attempted to slice into the Department of Education’s budget since it was established in 1979. The department was originally founded in 1867, but soon became demoted since the government was afraid it would have too much power. “In the 1860s, a budget of $15,000 and four employees handled education fact-finding. By 1965, the Office of Education had more than 2,100 employees and a budget of $1.5 billion. As of mid-2010, the Department has nearly 4,300 employees and a budget of about $60 billion” (An overview of the U.S. Department of Education, 2010). To provide some comparable insight, in 2013 the Department of Defense’s budget of $663.8 billion (U.S. Department of Defense, 2009).

The budget for the city of San Clemente, California, fiscal year 2011 can be found at the following link:

In 2009, a great amount of the stimulus funds were designated for education spending. The 91 billion dollars that was supported by this fund did not cover the total federal spending on education of the years 2008 to 2009 which summed up to be 667 billion dollars. An estimation of 570 billion dollars was not supported by the total education bill of federal spending. It costs an estimated 35 billion dollars to cover kindergarten through twelfth grade on a yearly basis. (Voice,2011).

“The United States spent $598.5 billion dollars alone on the military in 2015. That is 54% of all spending in 2015. The US only spent $70 billion (6%) on education and $13.1 billion (1%) on food and agriculture.” (“Military Spending”). This shows what Americans really value.

In our reading "Choices are Everywhere: Why can't we just have it all?" from the Federal Reserve Bank of St. Louis we learned that social security, national defense and healthcare programs are the top government spending categories (2013). While I believe all three are good places, I also feel like that 528.4 million dollars could have gone to our education system (not all but definitely some). According to usgovernmentspending.com the United States, in 2014, spend $1,283,079.6 million on healthcare (this includes local, state, and federal) while $962,948.4 million went to education (Total 2014 Government Spending). That is a $320,131.2 difference between total healthcare and education funding. I believe that is the opportunity cost; some of the money that went to PP that could have gone to education.

In these current economic times, people have lost jobs. People have lost faith in the economy since the worth of their money keeps falling. Businesses are failing left and right because of the lack of confidence in the system. Banks have folded because of the amount of people who are unable to pay their loans, leaving the banks without funds. The auto industry is failing as people cannot afford the new cars being produced by Detroit. Confidence in the economic system of the United States is very low. How can the country recover from this economic recession? Some economists would say that the government should step in to save the day by pumping funds into the system. President Obama signed a massive stimulus bill in an attempt to turn the

Taxes are the dollars that we pay to government to supply the services that are not or can not be provided through the free enterprise system. Taxes have been around since the beginning of organized societies. They come in various forms. Most common are income taxes both federal and local government. These taxes are assessed on the amount of income a person earns. Other taxes come in the form of user taxes; these taxes are imposed on the people that are using the goods being taxed, such as gas tax, alcohol tax, sales tax, and luxury taxes. Property taxes make up the major revenues for local and city governments. Furthering the burden of taxation are taxes that are attached to such bills as utility

Budgeting is the systematic method of allocating financial, physical, and human resources to achieve an organization’s strategic goals. Budgets are utilized by for-profit and non-profit organizations to monitor the progress towards the goals, assist in the control of spending, and help predict cash flow for the organization.

Encouraging better nutrition in school is important because fewer kids would go hungry. In Michigan a child went to pay for his meal and his balance was unpaid so he was denied a lunch. The minute the principal found out he decided to do a school meal program that had students pay later or have lunch for free (Student Denied Meal Because of Negative Balance) This child out of many could not afford a meal and the school did something about it by getting a school meal program so no child will go without food again. The (USDA) U.S. Department of Agriculture is an act that gives money to pay for low-income students’ lunch. Studies show forty present of families are considered low income in the districts (Bass and Free Lunch Programs). This meaning forty percent of families cannot afford a meal for their children and a school meal program will give food to those children who need a lunch. Studies show in Kentucky, which was the first state to enroll in the school lunch program. Low income families are saving around $500 a year (Free Lunch Programs). When these families are saving $500 a year the

Budget is the major financial and economic statement. The role of the budget is to keep track of the money coming in and the money going out. It is essential part of running any business effectively. It can help make a short and long term projections about financial situation, avert a financial crisis and plan for major financial changes.

Throughout most of the country’s history, the United States’ federal government maintained a reasonable level of national debt. For example, the total national debt in 1981 was $998 billion. Since then, however, the government has generated significant budget deficits, and the level of debt has risen to $16.7 trillion in 2013 (Calleo, 39). Budget deficits are caused

Budgetary control is part of overall organisation control and is concerned primarily with the control of performance. The use of budgetary control in performance management has of late taken on greater importance especially as a more integrative control mechanism for the organisation. Discuss.

A Report for the Honorable Mayor, City Council, & Board of Directors of an African Country