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Saturday, April 7, 2012

President Obama Wants You to Know How Your Tax Dollars Are Spent

 

On Wednesday, we released the updated Federal Taxpayer Receipt, which lets you enter a few pieces of information about the taxes you paid last year and calculates how much of your money went toward different national priorities like education, defense, and health care.
President Obama spoke about the receipt earlier this week as a “terrific way for people to be able to get information about where their tax dollars are actually going.”
The breakdown below shows the different categories of spending in the 2011 Federal Budget. To find out how much of the federal taxes you paid went to each slice of the pie, get your Federal Taxpayer Receipt.
2011 Federal Spending
  • National Defense : 24.93 %
  • Health Care : 23.66 %
  • Jobs and Family Security : 19.12 %
  • Net Interest : 8.12 %
  • Additional Government Programs : 7.86 %
  • Veterans Benefits : 4.49 %
  • Education and Job Training : 3.58 %
  • Natural Resources, Energy and Environment : 2.04 %
  • Immigration, Law Enforcement, and Administration of Justice : 1.98 %
  • International Affairs : 1.61 %
  • Science Space and Technology Programs : 1.04 %
  • Agriculture : 0.73 %
  • Community, Area, and Regional Development : 0.48 %
  • Response to National Disasters : 0.36 %




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