Where Your Tax Dollars Will Go : Planet Money Mostly to health care, social security and interest.

Where Your Tax Dollars Will Go

Budget, 2020

This graph is from the CBO, which makes its projections based solely on current law.

For context, here's the spending breakdown for some of the big-ticket items in 2009, based on the numbers in this CBO report:

  • Defense, 18%
  • Social Security, 18%
  • Medicare, 12%
  • Medicaid, 7%
  • Interest, 5%

Hat tip: Mankiw