How Your 2013 Federal Tax Dollars Were Spent

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A Spreadsheet Breakdown

By Lon Jefferies MBA CFP

Lon JeffriesClick here for a calculator that shows you how the tax you paid in 2013 was spent.

Simply input the amount you paid in federal income tax in 2013 and you’ll see a breakdown of how your money was utilized.

  1. What would you cut in the budget?
  2. What areas would you spend more, or less, on?



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One Response

  1. Senate Bill Would Prevent Full Payment To Medicaid Providers With Tax Liabilities

    Sens. Charles E. Grassley (R-IA) and Charles E. Schumer (D-NY.) have introduced a bill (S. 626) that would prevent Medicaid providers with tax liabilities from receiving full Medicaid reimbursements. The proposed Helping Ensure Life- and Limb-Saving Access to Podiatric Physicians (HELLPP) Act would authorize the secretary of the Department of the Treasury to levy Medicaid reimbursement payments to pay off a tax debt. Currently, Medicaid reimbursement payments can’t be garnished to pay a tax debt.

    The bill, which was referred to the Senate Finance Committee, also would streamline Medicare coverage for therapeutic shoes for diabetic patients. It also would define a podiatrist as a physician under the Medicaid program.

    Source: James Swann, BNA [3/18/15]


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