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"House Speaker Nancy Pelosi said yesterday that the federal government may have to spend even more money to shore up the nation's ailing economy, on top of the more than $1.6 trillion so far approved by Congress."The Washington Post, March 2009.
Source: The Reason Foundation's Annual Privatization Report.
Percentage increases in Federal Budget spending categories, from FY2008 to FY2009:
Social Security: 8.6%.
Medicare: 10.1%.
Medicaid: 24.6%.
Unemployment benefits: 154.8%.
Overall: 18.2% (from $2.978 trillion to $3.522 trillion).
Source: Congressional Budget Office's latest (Nov 2009) Monthly Budget Review.
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