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Response to Tansy_Gold (Original post)

Thu Apr 5, 2012, 09:13 AM

32. Here's where your federal income tax dollars go

http://economywatch.msnbc.msn.com/_news/2012/04/04/11018742-heres-where-your-federal-income-tax-dollars-go?lite

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You worked hard for that money you’re about to send to the IRS in less than two weeks. Like many tax filers you're probably asking yourself where all that money goes when the state and federal governments get their hands on it.

If you have trouble balancing your checkbook, imagine trying to keep track of where $3.6 trillion goes every year. That’s roughly what Uncle Sam spent last year.

For the complete, gory details, you can check the latest estimates from the official budget at the Government Printing Office, where you’ll find the government’s finances sliced and diced — by agency, department, function and source. But we’re going to skip reading the 250-page version and get our numbers from a summary analysis from the Center on Budget and Policy Priorities.

A $3.6 trillion budget has a lot of large numbers. To make it a little easier to imagine which of those tax dollars is yours, here’s roughly how the federal budget compares to your budget and mine. Picture Uncle Sam, sitting at the kitchen table, trying to make ends meet.


*** i think more is spent on defense than this pie indicates.

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Tansy_Gold Apr 2012 OP
rfranklin Apr 2012 #1
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Po_d Mainiac Apr 2012 #31
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LineReply Here's where your federal income tax dollars go
xchrom Apr 2012 #32
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