Well, I’ll tell you. Or you can go to the source here.
But if you just ate, you might want to think twice about following that link, or reading any further.
Here’s the “bad news” chart:
Yep, that’s right: last year, the total was over $2,007,500,000,000. For those not used to looking at numbers that large – i.e., damn near everyone – I’ll put that into words for easier comprehension at a glance.
That’s $2.007 trillion. In 2013 alone.
Of that amount, just under 70% – or approximately $1.399 trillion – are benefits that are not means tested whatsoever. The remainder – approximately $608 billion – is at least sort-of means tested. I say “sort-of means tested” because means testing for Federal benefits excludes so much income (and items provided in kind) and has so many exceptions that you wonder sometimes why they bother.
Of the $1.4 trillion in non-means-tested benefits that Uncle Sam gives away, IMO only about $65.1 billion appears to be a true earned benefit. Those would be VA disability compensation and VA educational assistance. Eligibility for the rest seems to require little more than paying taxes and breathing – and I’m not really sure about the “paying taxes” part in many cases.
So, if you ever wondered where all your Federal tax dollars go – this is where about $2.007 trillion of them went last year.
If you’re wondering how much the Federal government spent last year – the Heritage Foundation puts that at approximately $3.455 trillion. That means that spending for entitlement and income security programs is now eating more than $0.58 of each Federal dollar spent.
So, how much for national defense and vets? Together, those two consume less than $0.23 out of each Federal dollar spent.
Category: "Your Tax Dollars At Work"