government spending absorbs closer to 24% of
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the federal government’s public debt has doubled over the
While Household and Government Savings Fell Dramatically
government should aim to help create a vibrant environment for
but 41% of all government spending between 1789 and
data per Treasury Dept.'s “2010 Annual Report on the U.S. Government”; 3) Gordon Adams and Matthew
“2010 Financial Report of the U.S. Government.”
government may choose to reduce investments for the future
management (the government) has committed
assessing the state of the federal government's future finances
that its surplus net income has been used to finance other government
“2004 Financial Report of the United States Government.”
in 2005 dollars. ** Other government funds include those from Dept. of Defense
in part to reduce rising government debt
Medicaid and other programs and total government