Showing posts with label federal government. Show all posts
Showing posts with label federal government. Show all posts

Wednesday, September 27, 2017

Where Do American Taxpayers Spent Their Tax Dollars?

With the Trump Administration tax plans about to be revealed, I wanted to take a look at exactly who (since companies are people too) in Corporate America benefits from all of Washington's debt accrual.  Thanks to USA Spending, we can see exactly which companies have been the recipient of taxpayers' beneficence and which government departments are spending the most.
  
Let's start by looking at total government spending on contracts, grants, loans and other financial assistance going back to 2008:


It's interesting to see how "other financial assistance" spending blossomed during the period between 2011 and 2013, hitting a peak of $2.953 trillion in fiscal 2013.  If you are interested in even more detail on local federal government spending, you can click on this link and actually see the federal agency spending in your zip code.

Now, let's look at federal government spending for fiscal 2017.  Here are the top 25 spending government agencies thus far in 2017:


Here are the 25 companies that have received the largest total contracts so far in fiscal 2017:


You may have noticed that the defense and healthcare industries are very well represented.  In fact, of the top ten contract recipients, nine are defense companies and one, McKesson Corporation, is a healthcare/pharmaceutical distributor.

Let's take a more detailed look at the top three spending federal government agencies:

1.) Department of Health and Human Services: DHHS has awarded the highest dollar value of services at just under $1.01 trillion (including contracts, grants and other financial assistance) in fiscal 2017.  Here are the top ten companies that benefitted from DHHS contracts:


Can we say "Big Pharma"?

Here are the states that have received the most awards from the Department of Health and Human Services:


2.) Social Security Administration: SSA has awarded a total of $740 billion in fiscal 2017.  Here are the top ten companies that benefitted from SSA contracts:


Here are the states that have received the most awards from the Social Security Administration:


3.) Department of Defense:  DoD has awarded at total of $177.63 billion in fiscal 2017.  Here are the top ten companies that benefitted from DoD contracts:


Here is a breakdown of DoD spending by Department/Agency:


Here are the states that have received the most awards from the Department of Defense:


While we generally receive information on total government or total federal department spending, we rarely get a breakdown of exactly who benefits from the spending habits of Washington.  When looking through the historical data, it is interesting to see that the same companies reappear in the top recipients category year after year, giving us a sense of how important federal government awards are to some sectors of Corporate America.  Without federal government contracts and other financial assistance, I would suspect that the economy would be far less healthy than it is now.  

Tuesday, September 9, 2014

Government Overreach One S'more At A Time

If we want to get a sense of the overreach into our lives being sourced from Washington, here is a prime example from the United States Department of Agriculture:


That's right, the USDA is helping us to celebrate National Roasted Marshmallow Day which was on August 30th, in case you missed it and feel a desire to retroactively celebrate the event.

The article goes on to provide taxpayers with a litany of dos and don'ts when in comes to roasting marshmallows.

1.) Never start a campfire when there are fire restrictions in place. The restrictions are put in place for your safety and for the safety of others. If campfires are allowed, use an existing fire ring or pit. Be sure you are at least 15 feet from tent walls, trees or other flammable objects.
  
2.) Most importantly, ensure you work closely with children and talk to them about fire danger, proper behavior and rules – then expect nothing less. No one knows how many children are burned in campfire incidents; however, you don’t need statistics to know precaution is a key to great camping experiences. Some experts advocate a 10-foot rule between young children and a campfire. For more information about campfire safety, let Smokey Bear guide you.

As if that weren't enough, the author goes on to note that you should be using a stick of at least 30 inches in length, that toasting marshmallows can result in a product that "runs the gamut from the barely cooked, light caramel-colorer outer layer to the flaming marshmallow that contains a gooey interior wrapped by a crispy, blackened shell."  Despite that recommendation, here is a photo of two children roasting marshmallows over an open flame with the younger child holding what might be a 30 inch-long stick in a position that is quite clearly less than 30 inches from the heat source and well within the 10-foot rule guideline noted in section 2 above:
  

The author then describes several alternatives that will help you, the responsible parent, to supply your children with healthier, less sugary options than the traditional s'mores.  These include using fruit like bananas and blueberries and the author even supplies you with a brief recipe on how to roast a tinfoil-wrapped banana "next to but not on the flames".  

The author concludes by taking all of the fun out of camping by suggesting that parents substitute marshmallow creme for marshmallows so that they can better regulate portion size and then recommends dipping fruit in the concoction and roasting over indirect heat.  As the author says, "You're still having campfire fun, but the focus is on a healthier evening snack.".


The USDA took just over 700 words (705 to be exact) to tell us how to make a s'more.  Apparently, they aren't content with just celebrating a nonsensical National Day, they have to provide us with healthy options to a handful of marshmallows and some chocolate!  

This begs the obvious question - I wonder how much this little exercise cost American taxpayers?