Its Tax Day -- Where Did Your Tax Money Go?
It’s pretty unreal when you see it.
Your 2013 tax dollars—which are due today—went primarily to pay for government benefits.
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.
# Source: Office of Management and Budget.