Check how the government spends your taxes — Annual ...
Policy Basics: Where Do Our Federal Tax Dollars Go?
In fiscal year 2023, the federal government spent $6.1 trillion, amounting to 22.7 percent of the nation's gross domestic product (GDP).
USAspending: Government Spending Open Data
USAspending is the official open data source of federal spending information. We track how federal money is spent in communities across America and beyond.
Federal Spending | U.S. Treasury Fiscal Data
The federal government spent $6.75 trillion in FY 2022. This means federal spending was equal to 23% of the total gross domestic product (GDP), or economic ...
How much revenue has the US government collected this year?
If you lived or worked in the United States in 2024, your tax contributions are likely part of the $4.92 trillion collected in revenue. The federal government ...
Your Federal Income Tax Receipt - National Priorities Project
Where did the federal government spend all the money you paid in income taxes for the tax year? ... Some people think the federal government should give them a ...
Where Tax Dollars are Spent - TurboTax Tax Tips & Videos - Intuit
When the budget exceeds tax revenue, the government typically borrows money. A large part of the budget goes towards the same governmental ...
How Does the Government Spend My Taxes? - Investopedia
How Does the Government Spend My Taxes? ; Sources and Amounts of Government Tax Receipts. Tax Source (billions of dollars) · Source: https://www.
Do You Know Where Your Federal Tax Dollars Go?
The interactive tool provides taxpayers with an itemized list that estimates how their tax dollars are allocated across government programs and services.
Federal Spending: Where Does the Money Go
Tax breaks cost the federal government more than $1.3 trillion in 2020 – nearly as much as all discretionary spending in the same year.
2024 Current State of the Union: US Federal Budget - USAFacts
The federal government spent 38.0% more than it collected in FY 2023, resulting in a $1.7 trillion deficit. The national debt hit nearly $33.2 trillion at the ...
Fiscal Transparency Report - United States Department of State
Fiscal transparency informs citizens how government and tax revenues are spent and is a critical element of effective public financial management.
How much revenue does the federal government collect? - USAFacts
In 2023, the federal government collected just under $2.18 trillion in income taxes, or 48.7% of total revenue. Adjusting for inflation ...
Check how the government spends your taxes — Annual ... - GOV.UK
Check how the government calculates and spends your Income Tax and National Insurance contributions within your Annual Tax Summary.
IRS Budget and Workforce | Internal Revenue Service
Highlights of the data · IRS's actual expenditures were just over $16.1 billion for overall operations in Fiscal Year (FY) 2023 ( · In FY 2023, ...
Government Taxes (State Tax Collections/ Quarterly Tax Revenues)
Government taxes is a subset of the Government finances that include revenues (such as tax revenues), expenditures (spending), debt and assets (cash and ...
State and Local Expenditures | Urban Institute
While state governments · Most state and local government spending falls into one of seven categories: · State and local governments spend most of their resources ...
Tax expenditures are provisions of the tax code that can reduce how much a taxpayer owes—and therefore federal revenue ...
New Tool Provides Insight, Transparency for American Taxpayers
The tool provides a receipt that shows how their income and payroll taxes are spent across federal programs and services including Social ...
U.S. GAO - Tax Expenditure Basics
This video explains how the federal government spends money through the tax code and what we know about tax expenditure performance.
The federal budget process | USAGov
The federal government's fiscal year runs from October 1 of one calendar year through September 30 of the next. Annual funding areas. The annual ...