US Government Budget
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This year the federal government is projected to run a $1.9 trillion budget deficit, according to the latest estimate by the CBO.根据国会预算办公室的最新估计，今年联邦政府将出现1.9万亿美元的预算赤字。That would be $200 billion larger than last year's deficit, while the CBO's la...
The latest Macro Watch video provides a quick overview of everything you need to know about the US government’s budget and debt, including: The source of the government’s Revenues, The breakdown of government Expenditure by function, The size of the government’s budget deficits and debt up...
So far this budget year, government receipts total $2.82 trillion, off just 1% from the same period last year, Treasury officials said, crediting the “income replacement” provided by various government aid packages. In other words, unemployment benefits and other aid are still taxable. Outlays ...
This year the federal government is projected to run a $1.9 trillion budget deficit, according to the latest estimate by the CBO. 根据国会预算办公室的最新估计,今年联邦政府将出现1.9万亿美元的预算赤字。 That would be $200 billion larger than last year's deficit, while the CBO's latest estimate...
Government Spending, GDP, and the Budget Deficit Abudget deficitoccurs when government spending exceeds revenue. The federal government's revenue is the income it collects from taxes, fees, and investments. When spending is less than revenue, it creates a budget surplus. ...
(GDP) of the country itself. The surge in debt can be attributed to an increasing scope of government spending, which currently amounts to $1.1 trillion a year. Policy decisions, such as the size of the U.S. military budget ($842 billion) and the country's recent multi-trillion-dollar...
(GDP) of the country itself. The surge in debt can be attributed to an increasing scope of government spending, which currently amounts to $1.1 trillion a year. Policy decisions, such as the size of the U.S. military budget ($842 billion) and the country's recent multi-trillion-dollar...
The $204.9 billion deficit last month was the biggest deficit ever recorded in November, a month when the government normally runs a deficit. Outlays were also a record in the month of November. Through the first two months of this budget year, revenues total $458.7 billion, 3.4 percent high...