My money went where?

Budget of the United States Government Fiscal Year 2001

Related Links

So you want to know where your hard-earned tax dollars are going? President Clinton's fiscal 2001 budget proposal would give taxpayers a chance to find out.

Buried deep in his massive budget plan is a program to develop an Internet site where taxpayers could get an itemized receipt of where their tax dollars are going.

The plan calls for the Treasury Department to set up a free World Wide Web site and generate the receipt for any taxpayer who asks for one. It would include details about how much of their tax bite goes to defense, Medicaid, Medicare, food stamps, space programs and other initiatives.

But critics say it could fuel a tax revolt.

"There's a large misconception as to where exactly the money is going," said Pete Sepp of the National Taxpayers Union. "A lot of people will be surprised to see that most of their tax money is going into another person's pocket."

Featured

  • IT Modernization
    shutterstock image By enzozo; photo ID: 319763930

    OMB provides key guidance for TMF proposals amid surge in submissions

    Deputy Federal CIO Maria Roat details what makes for a winning Technology Modernization Fund proposal as agencies continue to submit major IT projects for potential funding.

  • gears and money (zaozaa19/Shutterstock.com)

    Worries from a Democrat about the Biden administration and federal procurement

    Steve Kelman is concerned that the push for more spending with small disadvantaged businesses will detract from the goal of getting the best deal for agencies and taxpayers.

Stay Connected