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Biden's 2022 budget raises military spending past $750 billion. - more

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How the Federal Budget Affects You

  • Discretionary Spending 2015 Discretionary Spending
    This is the part of the budget that lawmakers have to pass into law each year.
  • 2015 Revenues Revenues
    This shows federal tax revenue sources that fund the federal budget.
  • Total Spending 2014 Total Spending
    This shows how all federal dollars are spent, including discretionary and mandatory programs, and interest on the debt.
  • Where Your Taxes Went Where Your Taxes Went
    Ever wonder what happens to your taxes? This shows how each federal income tax dollar was spent last tax year.

From Our Blog

Does Biden Put His Money Where His Mouth Is On Climate?

Last week the White House convened a virtual Leaders Summit on Climate with forty leaders from the world's largest economies ...

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COVID Shrank the Global Economy, but U.S. Military Spending is Still More Than Next 11 Countries Combined

The world spent almost $2 trillion on militaries in 2020, according to the latest data on global military expenditures compiled by the Stockholm International Peace Research Institute (SIPRI). That's a military spending increase of 2.6 per cent in real terms since 2019, ...

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