For every dollar we take in in tax receipts, we spend $1.39. We spend $1.39 for every dollar we take in tax receipts. But if you saw that previous chart, you've noticed that Only about 24 to 26% is indiscretionary [spending]. What we really get to vote on. That's why you end up having to use what we call these reconciliation budgets. (06:23–06:32)
CLAIM
Asserts that only 24 to 26% of U.S. spending is discretionary.
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