Terms Of Reference Podcast

How much money did your government spend in 2016? The Government of the United States spent over $3.5 trillion dollars. China threw down $2.8 trillion and the UK just over $1 trillion. Worldwide, governments spent a combined total of $22.7 trillion. My point here is that there is a ton of money being spent by governments around the globe to procure products and services. It would be great to know where exactly all of that money goes, right? I mean, in most of the major economies out there, there is an expectation that the public should know what their hard earned taxes are funding. And, there are some big figures out there, usually represented in pie charts, that are relatively easy to access. But what about specifics? Governments spend a great deal of money internally, for things like defense, but - especially in a place like the United States - governments rely on contractors for products and services. Everything from vaccines to uniforms. In order to find out what any individual contractor received for the