Government Spending in Historical Context

Government Spending in Historical Context - Foundation

A new National Taxpayers Union Foundation (NTUF) analysis finds that the federal government has spent $193 trillion in 2022 adjusted dollars through Fiscal ...

A Short History of Government Taxing and Spending in the United ...

Between 1900 and 2012, federal government receipts increased from 3.0 percent of the economy's output to 16.5 percent, and federal expenditures rose from 2.7 ...

Government Spending - Our World in Data

Public spending growth in early-industrialised countries was largely driven by social spending ... The visualization above shows that government spending in early ...

Federal Spending | U.S. Treasury Fiscal Data

Money for federal spending primarily comes from government tax collection and borrowing. In FY 2024 government spending equated to roughly $2 out of every $10 ...

A Century of Federal Spending, 1925-2025 | Cato at Liberty Blog

A Century of Federal Spending, 1925–2025 · 1925–1955. Nondefense spending soared during the New Deal and afterwards from 1.5 percent of GDP in ...

A Short History of Government Taxing and Spending in the United ...

Between 1900 and 2012, federal government receipts increased from 3.0 percent of the economy's output to 16.5 percent, and federal expenditures rose from ...

History | Congressional Budget Office

Beginning in the early 1920s, the President began to assume more prominence in setting the federal budget. The Budget and Accounting Act of 1921 gave the ...

United States Government Spending - Trading Economics

Government Spending in the United States averaged 2252.04 USD Billion from 1947 until 2024, reaching an all time high of 3965.50 USD Billion in the third ...

What is the history of the federal budget process? - Tax Policy Center

Nixon argued that because Congress lacked a process for controlling the federal budget, budget deficits might expand irresponsibly if the president lacked the ...

Public Finances in Modern History - International Monetary Fund (IMF)

The Public Finances in Modern History Database documents two-hundred years of the history of budget deficits and government debts.

History of the Debt - TreasuryDirect

At the time, the number of Public Debt Service employees totaled 3061. 1929: Panic. Through the 1920s, federal budget surpluses got as high as $689 million.

Historical Tables | OMB - The White House

Table 14.3—Total Government Expenditures as Percentages of GDP: 1948–2023 · Table 14.4—Total Government Expenditures by Major Category of Expenditure: 1948–2023

Federal Budget - Econlib

For most of our history prior to 1940, the federal budget was balanced, except in years of war or economic recession. The causes of persistent federal budget ...

Part 1: Trends in United States Federal Government Spending

Federal spending increased nearly 7 times from 1916 to 1920, going from $760 million to $6 billion. It then fell to nearly $2 billion until about 1935 and the ...

Public Spending in the 20th Century - Library of Congress

Fiscal Deficits, Public Debt, and Savings of G-7. Countries, 1970–94. 89. IV.8. Social Indicators from a Historical Perspective: Infant Mortality and Life ...

U.S. Defense Spending in Historical and International Context

Defense spending is a large enough part of the federal budget to have relevant economic implications, and it can be especially important for ...

US Government 20th Century Spending History with Charts

A Century of Government Spending. Government spending in the United States has steadily increased from seven percent of GDP in 1902 to almost 40 percent today.

Government spending as a share of GDP - Our World in Data

The Public Finances in Modern History Database documents two-hundred years of the history of budget deficits and government debts. The ...

Federal Budget Receipts and Outlays

Federal Budget Receipts and Outlays: ; Franklin D. Roosevelt, 1935, 3.6, 6.4, -2.8 ...

State and Local Expenditures | Urban Institute

State and local governments spent $3.7 trillion on direct general government expenditures in fiscal year 2021.