How Much Money Does The Us Government Get Every Year Government revenue is income received from taxes and other sources to pay for government expenditures The U S government has collected 1 08 trillion in fiscal year
The federal government collected 4 47 trillion in revenue during the 2023 fiscal year That s a lot 10 zeros to be exact but it also represents a decrease of 15 5 a drop from the 14 3 increase we saw between 2021 How much has the U S government spent this year The U S government has spent 1 79 trillion in fiscal year 2025 to ensure the well being of the people of the United States Fiscal year to date since October 2024 total
How Much Money Does The Us Government Get Every Year
How Much Money Does The Us Government Get Every Year
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United States National Debt
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:max_bytes(150000):strip_icc()/presidents-salary-4579867-2022-3436207244a34c4fb2277161a9f923c4.jpg "Presidential Salary 2025 Neet Grace B Lafon")
Presidential Salary 2025 Neet Grace B Lafon
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The federal government collected nearly 4 5 trillion in revenue in fiscal year 2023 FY 2023 About half was collected through individual income taxes while 37 was through payroll taxes Other revenue sources included corporate income The federal government collected revenues of 4 9 trillion in 2022 equal to 19 6 percent of gross domestic product GDP figure 2 Over the past 50 years federal revenue has averaged 17 4 percent of GDP ranging from 20 0 percent
In fiscal year 2025 the federal government has spent 1 79 trillion The federal government funds a variety of programs and services that support the American public The government also spends money on interest it has incurred on 176 rowsIn 2019 the most recent year for which comprehensive numbers have been released the U S spent over 47 billion on foreign aid about the same as 2018 and 1 billion more
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As of 2019 in the United States approximately 55 of government spending is spent by the federal government while the remaining 45 of government spending is spent by state and local government 8 9 Federal government State and local expenditure both for the United States as a whole and for individual states for 1992 through 2022 is derived from spending revenue and debt numbers in the US Census
Providing publicly accessible and searchable data on what the federal government spends each year USAspending is the official open data source of federal spending information We track The federal government raises trillions of dollars in tax revenue each year though there are many different kinds of taxes Some taxes fund specific government programs while other taxes
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https://fiscaldata.treasury.gov › ... › government-revenue
Government revenue is income received from taxes and other sources to pay for government expenditures The U S government has collected 1 08 trillion in fiscal year
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The federal government collected 4 47 trillion in revenue during the 2023 fiscal year That s a lot 10 zeros to be exact but it also represents a decrease of 15 5 a drop from the 14 3 increase we saw between 2021
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Here s The Overall Summary Of The Data Presented In The Chart
How Much Money Does The Us Government Get Every Year - The federal government collected revenues of 4 9 trillion in 2022 equal to 19 6 percent of gross domestic product GDP figure 2 Over the past 50 years federal revenue has averaged 17 4 percent of GDP ranging from 20 0 percent
