Tuesday, 27th September 2011
Consolidated Federal Funds Report
Source: U.S. Census Bureau
From the highlights:
The Consolidated Federal Funds Report for Fiscal Year 2009 for the Department of Health and Human Services were revised on September 27, 2011, and for the Procurement Contracts on January 31, 2011. The changes are not represented in the PDF version of the publication, but are available via the On-Line Query System and downloads.
Federal domestic spending increased 2.4 percent in fiscal year 2010 to $3.3 trillion. The 2010 spending total is equivalent to $10,612 per person living in the United States. Federal spending includes expenditures or obligations for grants, salaries and wages, procurement contracts, direct payments for individuals for retirement and disability, and other direct payments.
Entitlement programs Medicare, Medicaid, and Social Security comprised 47.4 percent of all funding, or $1.6 trillion. Social Security alone accounted for $743.2 billion of that total.
States with the highest per capita federal spending were Alaska ($17,762), Virginia ($17,008), and Maryland ($16,673). States with the lowest were Nevada ($7,321), Minnesota ($8,367), and Utah ($8,519).
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By Heather Negley
An Info Pro, librarian, entrepreneur, author, worldwide connector and book-lover, Heather Negley is recognized for her new ways of thinking about librarianship, research, social media and creativity. Heather is the founder of HelpALibrarian.com and Zing Information Services. She has most recently been an Information Research Specialist with the Congressional Research Service at the Library of Congress where she provided business research for members of Congress and their staffs. Heather also worked as a research reporter for U.S. News and World Report and as a technical advertising producer on the washingtonpost.com. She received her MS in Library and Information Science from Simmons College in Boston, MA.
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