U.S. GOV’T INCOME & SPENDING

Knowing more about the U.S. government budget – including income and spending – matters for at least two reasons. First, knowing more about the federal budget allows American taxpayers to better understand where their money goes, and reduces the risk of misguidance and manipulation at the hands of partisans and politicians on the left or right. Second, knowing more about the federal budget gives one a better sense of the reach and impact the U.S. government has, for better or worse.          

1. How much money does the U.S. government currently take in per year?

 
 
 
 
 

2. What is single largest source of income for the U.S. government?

 
 
 
 
 

3. How much money does the U.S. government currently spend per year?

 
 
 
 
 

4. What does the U.S. government spend the most money on?

 
 
 
 
 

5. How much is the federal debt currently?