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#144- Where Do Our Tax Dollars Go?
Manage episode 422442502 series 2794727
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In this episode, Bryan Kuderna discusses the topic of where our tax dollars go. He addresses common misconceptions about student loan forgiveness and explores the biggest line items in the US federal budget. The two largest expenses are Medicare/Medicaid and Social Security, followed by defense spending. He also highlights the significant interest expense on the national debt. Kuderna emphasizes the importance of understanding government spending and its impact on the economy. Sources: U.S. Treasury, Congressional Budget Office, Office of Management and Budget, Department of Defense, Bureau of Labor Statistics.
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