How Federal Taxes Were Spent in 2010
Percentage |
Destination |
36% |
Social Security, Medicare and Other Retirement
- Income support for retired and disabled persons
- Medical care for the elderly
|
24% |
National Defense, Veterans and Foreign Affairs
- Equip, modernize and pay our armed forces
- Fund national defense activities
- Veterans benefits and services
- Military and economic assistance to foreign countries
- Maintenance of our embassies abroad
|
25% |
Social Programs
- Medicaid
- Food stamps
- Health programs
- Unemployment compensation
- Assisted housing and social programs
|
7% |
Physical, Human and Community Development
- Agricultural programs
- Natural resources and environment programs
- Transportation programs
- Aid for elementary and secondary education
- Direct assistance to college students
Space, energy and general science programs
|
6% |
Net interest on the debt
- Interest payments on the national debt
|
2% |
Law Enforcement and General Government
- Federal law enforcement
- Prisons
- General costs of the federal government
- Collection of taxes and legislative activities
|
Source: IRS 1040 Instructions, Tax Year 2011 (pdf)
Note: Includes social security, Medicare, unemployment, retirement, corporate and personal income taxes and money borrowed to cover the deficit.
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