October 16, 2012

Curious how your tax dollars are spent?

By Jessica Chau

Here’s a neat little tool from the White House to figure it out!

In President Obama’s State of the Union Address last year, he promised that, for the first time ever, American taxpayers would be able to go online and see exactly how their federal tax dollars are being spent.  The tool launched last year has been updated to reflect current spending.  Just enter a few pieces of information about your taxes, and the taxpayer receipt tool will give you a breakdown of how your tax dollars are spent on priorities like education, veterans benefits, or health care.

Click here to go to the calculator!