647 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Although you might not know it looking at congress. so how do we make sense of these numbers? well, if you take a look at the taxpayer calculator, that's something we've now put up on foxnews.com. let's take a look right now at the bill that costs about $100 billion. that's a bailout of a.i.g., general motors and others. if you type in your salary, it will show what percentage of the income pays for this program. in this case, it's 18% for your tax bracket and then this will break down your cost of the program for the individual taxpayer. in this case, a guy making $50,000 will pay $478 just f...

Different taxpayers, by bracket, let's look at a large chunk of the federal budge, food stamps, medicaid, public housing and cash assistance. they add up to $647 billion each year. now, for a person earning 15,000 or under, the programs cost $27 a year. that increasing to almost $3,000 for middle income tax filers and $70,000 for top wage earners. how do you find out what you pay per the individual programs? go to foxnews.com/your money and find out how much you are paying for different federal programs. because, shepard, it is all your money. >> william, great stuff. you should try out that c...