Infographic: Where did the federal tax dollars go in 2011?
The federal government spent $3.6 trillion last year, creating a deficit of $1.3 trillion. Most of the money were spent on defense, Social Security, Medicare, and Medicaid.
- Social Security: $725 billion or 20%
- Defense discretionary spending: $700 billion or 20%
- Non-defense discretionary spending: $646 billion or 18%
- Other mandatory spending: $545 billion or 15%
- Medicare: $480 billion or 13%
- Medicaid : $275 billion 8%
- Net interest on debt: $227 billion or 6%
- CBO.gov: U.S. Federal Budget: Infographic
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Category: Economy, Government, Health care, Politics, Social Services, Tax Dollars at Work, U.S. · Tags: CBO, Congressional Budget Office, debt, defense, deficit, discretionary spending, federal debt, federal deficit, federal government, federal income tax, federal spending, government spending, income tax, mandatory spending, Medicaid, Medicare, national debt, non-defense, payroll tax, Social Security, spending, taxpayers