Skip to content

Obama knocks the people for ANOTHER $2 TRILLION!

By Catholic Online (NEWS CONSORTIUM)
8/5/2014 (3 years ago)
Catholic Online (

New report shows government expenditures for 2013 fiscal year

According to data from the Bureau of the Fiscal Service's Monthly Treasury Statement, the federal government paid out more than $2 trillion in benefits and entitlements in the 2013 fiscal year.

A new report outlines the Federal governments spending for the 2013 fiscal year.

A new report outlines the Federal governments spending for the 2013 fiscal year.


By Catholic Online (NEWS CONSORTIUM)
Catholic Online (
8/5/2014 (3 years ago)

Published in U.S.

Keywords: US, News, Finance

LOS ANGELES, CA (Catholic Online) - The treasury statement summarizes the financial activities of the federal government and how the $2,007,358,200,000 was spent; this includes data on government recipients, outlays, and surplus and deficit totals.

You can be the change with "prayer and action."

The statement calculates these for the entire fiscal year of 2013, which began on the first of October, 2012 and ends September 30, 2013.

The federal government's total outlays (spending) for means-tested and non-means tested government programs-not including administrative expenses-totaled $2,007,611,200,000 in the 2013 fiscal year.

Most of the benefits from the $2 trillion (69.7%) came from non-means tested government programs that provide benefits to individuals who qualify regardless of income.

These programs include Medicare, Social Security, railroad retirement, unemployment compensation, workers' compensation, Veterans' compensation and Veterans' educational assistance. In fiscal year 2013, Americans received $1,399,253,000,000 in benefits from these programs.

Social security, with $663,216,000,000 and Medicare with $589,655,000,000 contributed the most to this total.

Programs where income is required to be below a certain level for an individual to be eligible for aid, contributed to 30.3% of the total amount in benefits.

These means-tested programs include public or subsidized rental housing, Federal Supplemental Security Income (SSI), food stamps (Supplemental Nutrition Assistance Program), Temporary Assistance for Needy Families (TANF), Women, Infants and Children (WIC), free and reduced lunch programs, Pell Grants, refundable tax credits and Medicaid.

These programs totaled $608,358,200,000 in fiscal year 2013.


'Help Give every Student and Teacher FREE resources for a world-class Moral Catholic Education'

Copyright 2018 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for FEBRUARY 2018
Say 'No' to Corruption.
That those who have material, political or spiritual power may resist any lure of corruption.


More U.S.

Palm/Passion Sunday: Will We Make This Week Holy By Encountering Jesus Christ? Watch

Image of Holy Week invites us to let go of self and embrace the Lord Jesus anew through saying Yes to the invitation to continuing conversion. How desperately we all need to hear the Good news that we can begin again!

Palm/ Passion Sunday: Make This Holy Week a Deep Encounter With Jesus Christ!During this week called Holy, the Lord Jesus is extending ... continue reading

Students plan to organize walkout over abortion Watch

Image of Rocklin High students are planning a walkout over abortion.

Students at Rocklin High School in Sacramento, California are planning a pro-life walkout to protest abortion, and the millions of lives it ... continue reading

Want to stop school shootings? End the American death culture Watch

Image of School shootings are the product of American culture.

Another school shooting took place this morning at Great Mills High School in Great Mills, Maryland. Several students were injured and ... continue reading

Saint Patrick Calls All Christians to be Missionaries to this Age Watch

Image of St. Patrick Icon

We need to learn from this great missionary. He saw what was good in the culture and baptized what could be redeemed. He respected the ... continue reading

Trump CIA nominee faces questions about torture Watch

Image of

Gina Haspel, President Donald Trump's nominee to lead the CIA, oversaw a secret prison in Thailand where US intelligence targets were ... continue reading

Never Miss any Updates!

Stay up to date with the latest news, information, and special offers.

Learn about Catholic world

Catholic Online
Inform - Inspire - Ignite

Catholic Online Saints
Your saints explained

Catholic Online Prayers
Prayers for every need

Catholic Online Bible
Complete bible online

Catholic Online News
Your news Catholic eye

Daily Reading
Today's bible reading

Lent / Easter
Death & resurrection of Jesus

Advent / Christmas
Birth of Jesus

Rest of Catholic Online
All Catholic world we offer

Products and services we offer

Catholic Online Shopping
Catholic medals, gifts & books

The California Network
Inspiring streaming service

Advertise on Catholic Online
Your ads on

Catholic Online Email
Email with Catholic feel

Catholic Online Singles
Safe, secure Catholic dating

The California Studios
World-class post production service

Learn the Catholic way

Catholic Online School
Free Catholic education for all

Student Classes
K-12 & Adult Education Classes

School Teachers
Teacher lesson plans & resources

Support Free Education
Tax deductible support Free education

Connect with us online

Catholic Online on Facebook
Catholic social network

Catholic Online on Twitter
Catholic Tweets

Catholic Online on YouTube
Enjoy our videos

Catholic Online on Instagram
Shared Catholic moments

Catholic Online on Pinterest
Catholic ideas style inspiration

Catholic Online Logo

Copyright 2018 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2018 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.