The Breakdown of Where Your Tax Dollars Go

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Heritage Foundation:

Tax dollars paid for about 85 cents of every dollar spent in 2014—the rest was borrowed. Where did all that money go?

 

Your 2014 tax dollars—which are due next month—went primarily to pay for government benefits.

 

Major entitlements (Medicare, Medicaid, Obamacare and Social Security) devoured more than half of the 2014 budget at 51 percent of spending. Other federal benefits took another 19 percent, meaning that 70 percent of government spending went to pay some sort of benefit to someone. These additional “income security” and other benefits include federal employee retirement and disability, unemployment benefits, and welfare programs such as food and housing assistance.