To take a closer look at our spending, the following is from a great article that appeared in the Columbia Daily Tribune last April 15:
This year, the federal government spent $25,117 per household, the highest total since World War II, and an inflation-adjusted $4,300 more than in 2001. Of that, $21,604 is actual taxes while $3513 is put on the government credit card for our children to pay.
The details:
● Defense: $5,204.
● Antipoverty programs: $3,752.
● Interest on the federal debt: $2,090.
● Federal employee retirement benefits: $935.
● Veterans’ benefits: $742.
● Health research/regulation: $692.
● Education: $578.
● Highways/mass transit: $455.
● Justice administration: $396.
● Unemployment benefits: $320.
● Natural resources/environment: $305.
● International affairs: $298.
● Remaining $682 is allocated to all other federal programs, including regional development, farm subsidies, social services, space exploration, air transportation and energy.
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