• How much money does the government collect per person?🔍
• Federal Spending🔍
• Policy Basics🔍
• How much revenue has the US government collected this year?🔍
• 2024 Current State of the Union🔍
• What are the sources of revenue for the federal government?🔍
• State and Local Expenditures🔍
• Federal Spending per Person Is Skyrocketing🔍

How much money does the government collect per person?

The federal government collected $5.03 trillion in federal revenues in 2022, averaging out at $15098 per person.

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 ...

Policy Basics: Where Do Our Federal Tax Dollars Go?

Economic security programs: About 8 percent (or $545 billion) of the 2023 federal budget supported programs that provide aid (other than health ...

How much revenue has the US government collected this year?

Government revenue is income received from taxes and other sources to pay for government expenditures . The U.S. government has collected $4.92 trillion in ...

2024 Current State of the Union: US Federal Budget - USAFacts

Federal revenue in FY 2023 was $13,341 per person and spending was $18,406. The federal government spent 38.0% more than it collected in FY 2023, resulting in a ...

What are the sources of revenue for the federal government?

The federal government collected revenues of $4.9 trillion in 2022—equal to 19.6 percent of gross domestic product (GDP) (figure 2). Over the past 50 years, ...

State and Local Expenditures | Urban Institute

How and why does spending differ across states? State and local governments spent $11,087 per capita in 2021, but per capita direct spending varies widely ...

Federal Spending per Person Is Skyrocketing

Adjusted for inflation, federal spending per person has grown from $4,333 in 1965 to $19,594 in 2023. Additional Sources: U.S. Census Bureau, St. Louis Federal ...

Taxes: The Price We Pay for Government | TaxEDU

The U.S. federal government collected $3.33 trillion in total tax revenue in 2018. Meanwhile, state governments collected a total of $1.04 trillion and local ...

Understanding the Budget: Revenues - Peter G. Peterson Foundation

The federal government finances its operations with taxes, fees, and other receipts collected from many different sectors of the economy.

Revenues in Fiscal Year 2022: An Infographic

Revenues received by the federal government in 2022 totaled $4.9 trillion, of which more than half was receipts from individual income taxes.

Federal Spending: Where Does the Money Go

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. Because few ...

Federal tax revenue by state - Wikipedia

This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service.

USAspending: Government Spending Open Data

We track how federal money is spent in communities across America and beyond. Learn more about government spending through interactive tools that explore ...

Public Welfare Expenditures - Urban Institute

How much do state and local governments spend on public welfare? ... In 2021, state and local governments spent $862 billion on public welfare, or 23 percent of ...

NHE Fact Sheet - CMS

Per person spending for females ($10,887) was 14 percent more than males ($9,554) in 2020. In 2020, per person spending for male children (0-18) ...

The $4 trillion U.S. government relies on individual taxpayers | Reuters

The U.S. government's over $4 trillion annual budget, the world's largest, relies heavily on individual wage earners whose taxes and ...

Where Federal Revenue Comes from & How It's Spent | St. Louis Fed

In 2019, the federal government spent more than it collected, resulting in a $984 billion deficit. Are the federal deficit and national debt the ...

Federal Revenue: Where Does the Money Come From

Taxes are by far the largest source of income (or revenue) for the federal government. The government does receive income from other sources (like fees and ...

Personal Income | U.S. Bureau of Economic Analysis (BEA)

Disposable personal income (DPI)—personal income less personal current taxes—increased $57.4 billion (0.3 percent). Personal outlays—the sum of ...