There are many misperceptions about where our federal tax dollars go.
Some people on the left believe that we spend a lot of money on the military and little on social safety net programs.
Some people on the right believe we divert a lot of money from Americans and instead spend it on people overseas.
Few Americans appreciate just how much of our annual budget that Social Security, Medicare and Medicaid eat up.
What is true?
In our video, Breaking Down the Budget: Just Where do our tax dollars go?, we explained where federal funds go.
Now, let’s dispel some common myths.
Check out this video: 3 Common Budget Myths Debunked.