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FEDERAL SPENDING INCREASED IN 2007

October 2, 2008
Federal spending during fiscal year 2007 was up 4.4 percent from 2006 spending, the U.S. Census Bureau said Thursday.The federal government in 2007 allocated $2.56 trillion in domestic spending, the Consolidated Federal Funds Report says.The report says retirement and disability payments to individuals accounted for $783 billion, which is more than 30 percent of total federal spending. The ...
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November 22, 2009
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