Chart of the day: US Federal government spending

| 25 June 2008 17:10

This is yet another chart from Perot Charts. I intend to highlight a number of these charts in my coming ‘chart of the day’ series because they present a comprehensive picture of the challenges the U.S. Federal Government faces. Also, note that my base case scenario over the near-term for Federal tax receipts is significantly worse than the figures released by the Government.

Today I am highlighting Mandatory spending because it has become the largest part of Federal spending. I’ll leave you to make your own analysis. For Perot’s take on this, go to Perot Charts here.


This post is part of my series.

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Related Posts
More About: , , , ,