How much did the government spend in 2017?

$4.147 trillion
2017 United States federal budget

Table of Contents

Submitted	February 9, 2016
Submitted to	114th Congress
Total revenue	$3.644 trillion (requested) $3.316 trillion (actual) 17.3% of GDP
Total expenditures	$4.147 trillion (requested) $3.982 trillion (actual) 20.8% of GDP
Deficit	$503 billion (requested) $665 billion (actual) 3.5% of GDP

How much did the government spend in 2015?

$3.688 trillion
2015 United States federal budget

Submitted	March 4, 2014
Total expenditures	$3.90 trillion (requested) $3.688 trillion (actual) 20.6% of GDP
Deficit	$564 billion (requested) $438.9 billion (actual) 2.45% of GDP
Debt	$18.15 trillion (actual)
GDP	$17.9 trillion (actual)

How much were government expenditures in 2016 how much were government tax revenues in 2016?

In 2016, government expenditures were $3.866 trillion , while government tax revenue was $3.276 trillion . The bulk of federal government expenditures go to four programs. total income and paid 70.88% of federal income taxes.

What was the 2017 budget deficit?

The Government´s Financial Position and Condition

Table 1: The Federal Government’s Financial Position and Condition
	2017	Increase/ (Decrease) %
Budget Deficit	$(665.7)	13.3%
Assets:
Cash & Other Monetary Assets	$271.2	42.0%

How much did the government spend in 2018?

outlays) and net operating cost (revenues vs. costs) for fiscal years 2014 – 2018. During fiscal year 2018: A $127.1 billion increase in outlays was offset in part by a $13.8 billion increase in receipts to increase the budget deficit by $113.3 billion (about 17.0 percent) to $779.0 billion.

How much did the U.S. spend in 2020?

$4.79 trillion
The federal budget for the 2020 fiscal year was set at $4.79 trillion.

What was the federal government’s greatest mandatory expense in the 2016 budget?

In FY 2016, mandatory spending accounted for 64 percent of all federal spending. Social Security, Medicare, and Medicaid were the largest individual mandatory expenditures, together accounting for about 78 percent of all mandatory spending.

What was the US deficit in 2018?

$779 billion
In fiscal year 2018, which ended on September 30, the federal budget deficit totaled $779 billion—$113 billion more than the shortfall recorded in 2017. The deficit increased to 3.8 percent of the nation’s gross domestic product (GDP) in 2018, up from 3.5 percent in 2017 and 3.2 percent in 2016.

How much did the government spend in 2019?

$4.4 trillion
In fiscal year 2019, the federal government spent $4.4 trillion, amounting to 21 percent of the nation’s gross domestic product (GDP).

How much did the government spend in 2020?

Mandatory Spending in Fiscal Year 2020: An Infographic Mandatory spending by the federal government totaled $4.6 trillion in 2020, of which $1.9 trillion was for Social Security and Medicare.

What is the US annual government budget?

The total federal budget of the United States has recently run about $4 trillion or more each year. In 2020, the total federal budget ran much higher, at $7 trillion, because of all of the steps the government took to address the COVID-19 pandemic.

How much money does the US government spend each year?

This year, he has pledged to spend $300 million on boosting law enforcement efforts to combat retail theft and another $2.7 billion to spend on things like coronavirus testing and hospital staffing. But that’s only a tiny fraction of the state’s budget, which last year surpassed $260 billion.

What percent of federal budget is interest?

Interest payments are a costly part of the federal budget. Even with exceptionally low interest rates, the United States is projected to spend over $300 billion on interest payments this fiscal year. That’s the equivalent of 9 percent of all federal revenue collections and roughly $2,400 per household.

What is the federal government budget?

WASHINGTON — The U.S. House passed a bill Tuesday night that would keep the U.S. government up and running through March 11.