How much money does the government have to spend?
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Studied at the University of Sydney, Lives in Sydney, Australia.
Policy Basics: Where Do Our Federal Tax Dollars Go? In fiscal year 2016, the federal government spent $3.9 trillion, amounting to 21 percent of the nation's gross domestic product (GDP). Of that $3.9 trillion, over $3.3 trillion was financed by federal revenues.Oct 4, 2017
2023-06-13 17:27:52
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Alexander Turner
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Policy Basics: Where Do Our Federal Tax Dollars Go? In fiscal year 2016, the federal government spent $3.9 trillion, amounting to 21 percent of the nation's gross domestic product (GDP). Of that $3.9 trillion, over $3.3 trillion was financed by federal revenues.Oct 4, 2017