Wednesday, April 16, 2014

Tax Day: Where All the Money Goes

From The Heritage Foundation's Morning Bell:
In 2013, the major entitlement programs - Social Security, Medicare, Medicaid, and other health care consumed 49 percent of all federal spending. These programs, and interest on the debt, are on track to consume an even greater share of spending in future years, while the portion of federal spending dedicated to other national priorities will decline.

SHARE OF FEDERAL SPENDING IN 2013:

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