How Uncle Sam Spends Our Taxes: The Budget in 8 Easy Bites

How Uncle Sam spends your tax money
How Uncle Sam spends your tax money

By Jerry Idaszak, associate editor, The Kiplinger Letters


Almost everyone agrees that the federal deficit is a ticking bomb. But few can agree on how to defuse it. Ideas run the gamut from raising taxes to the wholesale elimination of scores of government programs. Some are contradictory. All are controversial.

When you take a look at where the money actually goes, it's easy to see why it's hard to balance the budget.


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