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costs and expanding and improving the Affordable Care Act, Medicaid, and Medicare coverage. The Budget invests directly in the American people and will strengthen our Nation’s economy
- President’s Budget
Following his State of the Union address, President Biden...
- President’s Budget
We track how federal money is spent in communities across America and beyond. Learn more about government spending through interactive tools that explore elements of the federal budget, such as federal loan, grant, and contract data.
18 cze 2024 · View CBO’s budget infographics to see how much the federal government spent and took in during fiscal year 2022, as well as broader trends in the budget over the past few decades.
• The government’s gross costs of $7.4 trillion, less $531.1 billion in revenues earned for goods and services provided to the public, plus $2.2 illion in net losses from changes in assumptions yields the tr government’s net cost of $9.1 trillion. • Tax and other revenues increased by $670.0 billion $4.9 trillionDeducting to .
• The government’s gross costs of $7.3 trillion, less $462.3 billion in revenues earned for goods and services provided to the public, plus $518.4 billion in net losses from changes in assumptions yields the government’s net cost of $7.4 trillion. • Tax and other revenues increased by $684.3 billion to $4.3 trillion.
2 dni temu · The federal government spends money on a variety of goods, programs, and services to support the American public and pay interest incurred from borrowing. In fiscal year (FY) 2023, the government spent $6.13 trillion, which was more than it collected (revenue), resulting in a deficit.
1 The Budget includes a reserve for legislation that reduces costs, expands productive capacity, and reforms the tax system. While the President is committed to reducing the deficit with this legislation, this allowance is shown as deficit neutral to be conservative for purposes of the budget totals.
