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Government Spending Measuring Federal Expenditures. Date last updated: March 7, 2014. DataPost. Federal Reserve Bank of San Francisco Economic Education Group. Government Spending– Did You Know?. Federal Government Current Expenditures ($billions, nominal annual values for years shown).
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Government SpendingMeasuring Federal Expenditures Date last updated: March 7, 2014 DataPost Federal Reserve Bank of San Francisco Economic Education Group
Government Spending– Did You Know? Federal Government Current Expenditures ($billions, nominal annual values for years shown) Nominal government spending has grown over time. Its value in 2000 was nearly triple that in 1980. Note: See PowerPoint file for references DataPost http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group
Government Spending by Function2002 vs. 2012 ($billions, nominal annual values) Source: Bureau of Economic Analysis DataPost http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group
Federal Government Current ExpendituresNominal annual values ($billions) through 2013 Source: Bureau of Economic Analysis DataPost http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group
What Do You Think? • In general, how did spending on education in 2002 compare to 2012? (See slide 3) • What was total government spending in 2002? In 2012? (See slide 3) • What percentage of federal spending went to education in 2002? In 2012? (See slide 3) • What was the largest category of government spending in 2002? In 2012? (See slide 3) DataPost http://www.frbsf.org/education/teachers/datapost/index.html FRBSF Economic Education Group