What percent of government spending is due to federal employee payroll? I heard ... | Hacker News

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		Tempest1981 5 months ago \| parent \| context \| favorite \| on: Atlanta Fed predicts -2.8% GDP What percent of government spending is due to federal employee payroll? I heard it was 3% to 5%. If so, then 20% layoffs would save < 1%. Unless they have a "trickle down/up" effect? Similar data downthread: https://news.ycombinator.com/item?id=43246891

youngtaff 5 months ago [–]

But then those 20% stop spending money which has a knock on impact on the rest of the ecomony

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