13 Cents for the Military - What Does the Government Spend the Rest of Your Tax Dollars On?
Briefly

from 24/7 Wall St.2 months ago
The U.S. budget allocates a significant portion towards Social Security, surpassing national defense spending, reflecting the priority of social safety nets in national fiscal policy.
24/7 Wall St.https://247wallst.com/politics/2024/11/17/13-cents-for-the-military-what-does-the-government-spend-the-rest-of-your-tax-dollars-on/
Only 13 cents out of every tax dollar goes towards defense, highlighting that a substantial majority is diverted to various essential services like education and healthcare.
24/7 Wall St.https://247wallst.com/politics/2024/11/17/13-cents-for-the-military-what-does-the-government-spend-the-rest-of-your-tax-dollars-on/
Foreign aid, while often misunderstood, only claims 1 cent of every tax dollar, aimed at providing support to allies and addressing global health concerns.
24/7 Wall St.https://247wallst.com/politics/2024/11/17/13-cents-for-the-military-what-does-the-government-spend-the-rest-of-your-tax-dollars-on/
Education expenditure alone amounts to 2 cents of the tax dollar, emphasizing the government's commitment to fund student aid and Pell Grants.
24/7 Wall St.https://247wallst.com/politics/2024/11/17/13-cents-for-the-military-what-does-the-government-spend-the-rest-of-your-tax-dollars-on/
Read at 24/7 Wall St.
#us-budget #social-security #tax-spending #national-defense #federal-programs
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