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How Washington spends your taxes....Washington will spend

$31,406 per household in 2010 — the highest level in American history (adjusted for inflation). It will collect $18,276 per household in taxes. The remaining $13,130 represents this year’s staggering budget deficit per household, which, along with all prior government debt, will be dumped in the laps of our children.

Social Security/Medicare: $9,949.
Defense: $6,071.
Anti-poverty programs: $5,466.
Unemployment benefits: $1,640.
Interest on the federal debt: $1,585
Veterans’ benefits: $1,052.
Education: $914.
Highways/mass transit: $613.
Health research/regulation: $550.
Mortgage Credit: $470.
The programs listed above cover $29,328 per household. The remaining $2,078 is allocated to all other federal programs, including justice, international affairs, natural resources, the environment, regional development, farm subsidies, social services, space exploration, air transportation and energy.

~co

 
Anonymous

Asked by Anonymous at 6:08 PM on Apr. 16, 2010 in Politics & Current Events

This question is closed.
Answers (41)
  • mancos~The balance on the "credit card" is going up, up, up.

    grlygrlz2

    Answer by grlygrlz2 at 8:06 PM on Apr. 16, 2010

  • ~cont~

    Taxpayers — and the next generation that will be paying nearly half of the bill — must decide for themselves if they’re getting their money’s worth.

    Brian Riedl is the Grover M. Hermann fellow in federal budgetary affairs at The Heritage Foundation, 214 Massachusetts Ave. NE, Washington, DC 20002; Web site: www.heritage.org

    .


    The whole article can be found at The Heritage Foundation, which has a commentary about each of the spending listed above. At the top of the page you will find a box with the buttons Regulation Taxes Start Heritage Action Donate. Click on taxes to see the complete article.
    Anonymous

    Answer by Anonymous at 6:16 PM on Apr. 16, 2010

  • The government is spending $31,406 per household. They collect $18,276 per household. Do you understand now why some taxpayers are upset? There is still $13,130 that we are spending that we DO NOT HAVE!!!! Can you do this with your own household budget?
    Anonymous

    Answer by Anonymous at 6:20 PM on Apr. 16, 2010

  • Thanks for the breakdown. In simpler terms, the current administration is spending more than in collects in taxes. The balance on the "credit card" is going up, up, up.

    Eventually the debt will have to be repaid.
    mancosmomma

    Answer by mancosmomma at 6:38 PM on Apr. 16, 2010

  • Yet Anon 20, people still complain when their pet "Project" is cut or reduced. Did you see the recent post about the low pay wage increase given by Obama to our soldiers? If we want the government to be cut back, then cut all sectors back. The schools, the roads, defense, the poor and YES even the elderly and disabled. Every group should be considered and trimmed equally. Is everyone really comfortable with that or are we going to play the special interest game??

    Anonymous

    Answer by Anonymous at 6:39 PM on Apr. 16, 2010

  • So right, anon :29.  Some people who would be furious with a 20% cut in pay of their own income, but are fine foisting it on others who are deem less worthy, or greedy. 

    Anonymous

    Answer by Anonymous at 6:56 PM on Apr. 16, 2010

  • Wow! I think O needs to start doing what he promised, and go line by line and cut what doesn't work, and what is redundant, and what we don't need. Then, there needs to be a straight across the board cut in every program. GB has been discussing this all week, talking about what he would cut from the fed budget. The only one I saw this week was the day that he said he would cut out the Dept of Education. I have to agree. Cuts need to be made, and it won't be pretty, but it has to be done. Things that can be handled by the states need to be given to the states. If that means that the people getting $900/mo in FS will only get $200, well, they won't starve, and they might be motivated to DO something about it.
    29again

    Answer by 29again at 7:17 PM on Apr. 16, 2010

  • If that means that the people getting $900/mo in FS will only get $200, well, they won't starve, and they might be motivated to DO something about it.


    Hope all those elderly folks and disabled folks who rely on FSs are able to provide for themselves too-slackers really need that motivational jump start!

    Anonymous

    Answer by Anonymous at 7:57 PM on Apr. 16, 2010

  • The Heritage Foundation is an extreme right wing group and although I do not dispute their data I would be wary of any commentary and nostrums they come up with on economic policy.

    As for those who advocate lower taxes and reduced expenditure, it would be interesting to read which programs they would cut and by how much. Politicians often find it easy to advocate when campaigning but very hard to do when in office. George Bush cut taxes but expenditures ballooned . If previous tax reductions were rescinded , Americans would still be taxed less than other industrial countries.
    janet116

    Answer by janet116 at 8:39 PM on Apr. 16, 2010

  • If that means that the people getting $900/mo in FS will only get $200, well, they won't starve, and they might be motivated to DO something about it.

    Hope all those elderly folks and disabled folks who rely on FSs are able to provide for themselves too-slackers really need that motivational jump start!
    -----

    Come on! You know I don't mean anyone's grandma! I'm talking about the families who get way more FS than any one family needs. They are distributed according to family size, so that is more what I meant. Does a family of 5 really need $875 / month for only food? That's what I'm talking about! That is insane! But as hard as it is, every single program needs to be cut! Otherwise, our economy WILL collapse, and we will have absolutely NOTHING!
    29again

    Answer by 29again at 8:48 PM on Apr. 16, 2010

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