How Uncle Sam spends our tax dollars
Sunday, November 07, 2010
In preparation for the upcoming Congressional debates on federal spending, check out this graphic on how Uncle Sam spends our tax dollars.
Get a larger view by clicking on the image.
You might have to click it again once it opens in another window.
This infograph by MyBankTracker.com was created using the 2009 Budget from the White House website. To calculate the specific subhead numbers, estimated projections based on The Spending Outlook found on the Congressional Budget Office website were used.
As the image shows, government spending can be broken down into three categories: mandatory spending, discretionary spending and interest.
It's in the discretionary sector that lawmakers have the most flexibility, deciding the money needed for different programs under security agency spending and non-security agency spending.
If Congress is serious about keeping the current tax cuts in place, Representatives and Senators are going to be haggling over which programs to fund at what levels.
And I suspect that when push comes to shove, some lawmakers are going to try to recharacterize some discretionary funding as, at least politically, mandatory.
Related posts:
- Potential Republican budget cuts
- How your tax dollars are spent
- Where do our tax dollars go?
- Tracking your tax dollars
- A detailed taxpayer receipt
- Death and Taxes 2010
- An artful look at death and taxes
- A look at who's paying how much taxes
- Happy Tax Freedom Day 2010!
- Tax Freedom Day sequel: Deficit Day
- Happy Belated Cost of Government Day
- Your 2011 tax burden revised
- Today's taxes aren't too bad
- The good side of taxes
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