Question

Through your own experience, by watching the national news, or by reading a newspaper, identify at least 10 ways our government spends our tax money. Identify at least three ways that you benefit from this spending. Be specific

Answer 1

Answer:

Government Debt

Social Security

Medicare

Other Health Care

National Defense

Veterans Benefits

Safety Net Programs

Education

Infrastructure

Salaries and Wages

Explanation:

8. education The children are our future—but you might not know it by looking at how federal funds are spent. Education is normally a relatively small discretionary spending item (about 7% of discretionary spending in 2019), and it often includes both K-12 education as well as spending on college, training, and employment services. It’s also worth noting that only around 8% of K-12 public school spending across the country is federal. The rest is covered by state and local funds.

9. Infrastructure

Infrastructure refers to physical structures and facilities that we depend on to function as a society. This includes buildings, roads, and power supplies.

As with education, infrastructure expenses are shared among federal, state, and local budgets. According to a report from the House Committee on the Budget, the total infrastructure spending across all these entities in 2017 was only 2.3% of GDP, or around $441 billion.

10. Salaries and Wages

Not including the military and other non-civilian workforces, the federal government employs more than 2 million people. That’s a lot of people to pay, which means a lot of spending on salaries, wages, and benefits. The federal government spends billions of tax dollars to cover these expenses every year.