April 17th, 2017 1:37 pm
Image of the Day: How Your Federal Tax Dollars Are Now Spent
Today’s image of the day, courtesy of The Wall Street Journal, how $100 of your federal taxes are now allocated by the government:
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Federal Spending Allocation
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For perspective (see image below), that means that military spending has declined an alarming 22.3% since just 2011. In contrast, since 2011 Social Security spending is up 17%, Medicare is up 15.1%, Medicaid is up 25.4%, civilian federal retirement is up 11.3%, education is up 5.3% and interest payments are up 1.8%. Something to consider as important budget and spending battles heat up…
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2011 Comparison
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