How much revenue did the government get in 2014?

How much revenue did the government get in 2014?

$3.0 trillion
In 2014, the government’s revenues increased (in nominal terms) for the fifth consecutive year, reaching $3.0 trillion, which was $247 billion, or almost 9 percent, more than revenues in 2013. In dollar terms, revenues have increased by 44 percent since 2009.

How much did the US spend in 2016?

2016 United States federal budget

Submitted February 2, 2015
Submitted to 114th Congress
Total revenue $3.525 trillion (requested) $3.268 trillion (actual) 17.8% of GDP
Total expenditures $3.999 trillion (requested) $3.853 trillion (actual) 20.9% of GDP
Deficit $474 billion (requested) $585 billion (actual) 3.2% of GDP

How much did the US spend in 2021?

In 2021, the federal government spent $6.82 trillion.

What is the total US budget per year?

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

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 did the government spend in 2017?

2017 United States federal budget

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

What is the largest estimated source of federal receipts for 2014?

What is the largest estimated source of federal receipts for 2014? Excise tax on harmful substances.

How much did the U.S. spend in 2021?

What is the US national debt by year?

Debt by Year, Compared to Nominal GDP and Events

End of Fiscal Year Debt (in billions, rounded) Major Events by Presidential Term
2017 $20,245 Congress raised the debt ceiling
2018 $21,516 Trump tax cuts
2019 $22,719 Trade wars
2020 $27,748 COVID-19 and 2020 recession

Did the United States have a federal deficit or surplus in 2015?

At $439 billion, the 2015 deficit constituted the smallest since 2007, and at 2.5 percent of gross domestic product, it was below the average deficit (relative to the size of the economy) over the past 50 years.

How much was the national debt in 2015?

Debt by Year, Compared to Nominal GDP and Events

End of Fiscal Year Debt (in billions, rounded) Debt-to-GDP Ratio
2013 $16,738 99%
2014 $17,824 101%
2015 $18,151 100%
2016 $19,573 105%

How much did the US spend in 2020?

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

How much has the government spent in 2021?

$6.82 trillion
In 2021, the federal government spent $6.82 trillion.

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

What was US national debt in 2015?

Indeed, over the same period that deficits fell by 70 percent, nominal debt held by the public grew by about 75 percent – from $7.5 trillion to $13.1 trillion. As a percent of GDP, debt has also grown rapidly, from 35 percent of GDP in 2007 to 52 percent of in 2009 and nearly 74 percent in 2015.

How much money did the federal government take in in 2015?

Revenue. The federal government received $3.25 trillion in FY 2015. That was less than the president’s estimate of $3.337 trillion.

What was the federal budget for 2015?

The Fiscal Year 2015 federal budget is the U.S. government spending and revenue from October 1, 2014, through September 30, 2015. Spending totaled $3.688 trillion but revenue was only $3.250 trillion. That created a $438 billion budget deficit.

How much did the government spend in 2014?

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

Which budget proposals would have spent the most money in 2015?

Of the six budget proposals that received votes in the House, this was the proposal that would have spent the most money in 2015. The Congressional Progressive Caucus proposal would spend $3.2 trillion and included higher taxes on millionaires. It would also end the sequester.

How much did Congress spend in 2015 on discretionary spending?

Congress approved $1.1 trillion for the 2015 discretionary budget. Here’s the spending for the major departments: Department of Defense – $496.1 billion. Health and Human Services – $80.3 billion. Education – $66.9 billion. Veterans Affairs – $65.1 billion.