$20 Billion: The U.S. commitment of military aid to Ukraine under President Biden “to help Ukraine preserve its territorial integrity, secure its borders, and improve interoperability with NATO.”
Source: Washington Post, Nov. 27, 2022
$942.6 – $960.4 Billion: What Americans are expected to spend this 2022 holiday season (excluding auto dealers, gas stations and restaurant purchases)
Source: National Retail Federation
$768 Billion: The amount the U.S. spent on national defense activities in FY2022.
Source: Congressional Budget Office
$420 Billion: Amount of the federal budget that provided benefits to veterans and former career employees of the federal government, both civilian and military, in FY2022, which ended on Sept. 30, 2022.
$399 Billion: Total interest payments the federal government made on the money it borrowed to finance the net federal debt in FY2022.
$220 Billion: What Qatar has spent on the World Cup.
$80 Billion: Money allocated to the Internal Revenue Service under the Inflation Reduction Act to enhance its operations.
$36 Billion: Biden payout to the underfunded union-run Central States Pension Fund to shore up more than 200 distressed plans; approved as part of a stimulus bill intended to reduce economic damage from the Covid-19 pandemic.
Source: Wall Street Journal
$18.9 Billion: Money appropriated in FY2022 for 5,138 Congressional earmarks, up from $15.9 billion in FY2021.
UPDATE: Who knew what is really in the bill. A new analysis said there are more than 7,200 earmarks totaling $15 billion from lawmakers in both parties sneaking their way into the final legislative text of the $1.7 trillion bill, a 4,155 page conglomeration of major spending and minutiae. There’s no shortage of seemingly random pet projects—$3.6 million for a Georgia hiking trail named after Michelle Obama, $150,000 for sidewalk repairs in a small Maine town.
$4.8 Billion: The amount candidates, party committees, leadership PACs and joint fundraising committees spent on the 2022 midterm elections as of Oct. 19, 2022. Campaigns spent almost $1 billion on digital ads alone.