Most voters know almost nothing about the federal budget: Few can correctly answer basic questions about how much it spends, how and whom it taxes, and how much is spent on different parts of the budget. On average, for example, surveys shows that on average respondents estimate that anywhere 10 to 25 percent of the federal budget is devoted to foreign aid. In fact, it’s closer to 1 percent. A CNN poll last year found that Americans believe that about 5 percent of the federal budget is devoted to public broadcasting. The reality? It’s about 0.1 percent.
Read Full Article »
