Wednesday, May 30, 2007

Taxes - How Does The Government Spend Money?

The federal government spends tax money on different things, including transportation, education, military and medicare.



  • 51% of the money goes for veteran benefits, the military personel housing construction, the development of the new weapons, and the interest in the national debt.

  • 17% of the money goes to health insurance programs.

  • 16% of the money goes to medicaid. Medicaid pays for medical assistance to people with a certain income.

  • 13% of the money goes to the payments for people receving health care and for government projects.

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